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Listed by Jack Roland Royal LePage Island Living (PA)
$ 895,000
Est. payment /mo
Active
3291 3rd Ave Port Alberni, BC V9Y 4C9
3,418 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,418 sqft
Price per Sqft $261
MLS Listing ID 1028449
HOA Y/N No
Annual Tax Amount $5,347
Tax Year 2025
Property Sub-Type Multi Family
Property Description
MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. Strong revenue property generating $6,150 per month with a 5.78% cap rate, offering solid income potential for investors. Long-term tenants are already in place and would like to stay, providing a reliable cash flow. This unique holding includes two houses on two separate lots with three civic addresses and convenient access from 3rd Ave, Strathern, and the back alley. The property enjoys ocean and mountain views and is located outside the tsunami zone. Each suite includes its own washer and dryer, and the duplex units have separate hydro meters. The property has been extremely well looked after over the years with many updates and improvements completed throughout. A freestanding carport with lockable storage units and power provide additional utility and storage. With steady rental history, flexible lot configuration, and strong income, this is a great opportunity for investors looking to add doors to their portfolio.
Location
Province BC
County Port Alberni, City Of
Community Pa Port Alberni
Area Port Alberni
Zoning R
Interior
Heating Baseboard, Electric, Heat Pump
Cooling Air Conditioning
Flooring Laminate, Tile
Fireplace No
Exterior
Parking Features On Site
View Y/N Yes
View Mountain(s), Ocean
Garage No
Building
Lot Description Corner Lot, Cul-De-Sac, Level
Foundation Concrete Perimeter
Sewer Sewer To Lot
Others
Ownership Freehold
Nearby School & Business
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