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.
Address
3291 3rd Ave
List Price
$945,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Port Alberni
Sub-Area
PA Port Alberni
MLS® Number
1028449
Listing Brokerage
Royal LePage Island Living (PK)
Postal Code
V9Y 4C9
Tax Amount
$5,347.00
Tax Year
2025
Features
Baseboard, Electric, Heat Pump, Laminate, Tile
Amenities
Corner Lot, Cul-De-Sac, Level
