Area: British Columbia
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MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. Strong revenue property generating $6,150 per month with a 5.47% 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. (id:44056)

Property Details

Full Address:
3291 3rd Ave, Port Alberni, British Columbia
Price:
$ 945,000
MLS Number:
1027373
List Date:
March 6th, 2026
Lot Size:
8250 sq.ft.
Year Built:
1927
Taxes:
$ 5,347

Interior Features

Bedrooms:
9
Bathrooms:
4
Air Conditioning:
Air Conditioned
Heating:
Heat Pump, Baseboard heaters, Electric

Building Features

Zoning:
Multi-Family
Garage Spaces:
1
Ownership Type:
Freehold
Taxes:
$ 5,347

Floors

Finished Area:
3510 sq.ft.
Main Floor:
3418 sq.ft.

Land

View:
Mountain view, Ocean view
Lot Size:
8250 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Jack Roland Royal LePage Island Living (PK)
 250-702-2894
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Listing Agent(s)

Listing: Jack Roland
Royal LePage Island Living (PK)

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