Investment Opportunity in North Port Alberni
Tucked away on a quiet dead-end street in a desirable North Port Alberni neighborhood, this income-generating property is only half a block from the scenic inlet walking paths. Offering three separate units, it’s a rare find for investors seeking strong cashflow and long-term stability.
The main home features a 2-bedroom, 1-bath upper unit and a 3-bedroom, 1-bath lower unit, while a charming bachelor suite carriage house adds extra versatility and income potential. All three units are currently rented to excellent long-term tenants, ensuring reliable returns from day one.
The property has seen many recent updates including windows, flooring, kitchens, and bathrooms, giving peace of mind to new owners while making the suites attractive to tenants.
With its great location, strong tenant base, and solid rental income, this is an ideal investment property that blends security with opportunity.
Financial breakdown available.
Address
5028 Richardson Rd
List Price
$599,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Port Alberni
Sub-Area
PA Port Alberni
Bedrooms
6
Bathrooms
3
Floor Area
2,489 Sq. Ft.
Lot Size
6050 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1972
MLS® Number
1015657
Listing Brokerage
Pemberton Holmes Ltd. (Pkvl)
Basement Area
Finished, Full
Postal Code
V9Y 5R8
Tax Amount
$4,636.00
Tax Year
2025
Features
Baseboard, Electric, Laminate
Amenities
Level, Marina Nearby, No Through Road, Quiet Area, Recreation Nearby, Shopping Nearby
