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1570 SPERLING AVENUE, Burnaby | $2,995,000

Sperling 5 - A rare opportunity to own a high performing multifamily asset in N Burnaby. Why youA?ll want to invest here: 1. Income generating 5 suite property with 2025 NOI of $118k and clear upside through rent optimization, plus external storage lockers for added revenue. 2. Significant capital improvements, reducing near-term costs and improving long-term stability. 3. 9 bedrooms and 6 bathrooms on a 9,040 sqft lot with strong rental appeal across multiple tenant profiles, plus 5 parking stalls with lane access. 4. Prime N Burnaby location near transit, schools, shopping, parks, tennis, pickleball, and golf. 5. Future development potential adds long-term upside. DonA?t miss this turnkey asset in N Burnaby, featuring strong income, significant upgrades, and long-term growth potential.

Description

Sperling 5 - A rare opportunity to own a high performing multifamily asset in N Burnaby. Why youA?ll want to invest here: 1. Income generating 5 suite property with 2025 NOI of $118k and clear upside through rent optimization, plus external storage lockers for added revenue. 2. Significant capital improvements, reducing near-term costs and improving long-term stability. 3. 9 bedrooms and 6 bathrooms on a 9,040 sqft lot with strong rental appeal across multiple tenant profiles, plus 5 parking stalls with lane access. 4. Prime N Burnaby location near transit, schools, shopping, parks, tennis, pickleball, and golf. 5. Future development potential adds long-term upside. DonA?t miss this turnkey asset in N Burnaby, featuring strong income, significant upgrades, and long-term growth potential.

General Info


MLS Listing ID: R3116592 Bedrooms: 9 Bathrooms: 6 Year Built: 1966
Parking: N/A Heating: N/A Lotsize: 9040 sqft Air Conditioning : N/A

Amenities/Features


  • Central location

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .