Description
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
Open on Google Maps- Address 3291 3rd Ave
- City Port Alberni
- Postal Code V9Y 4C9
Details
Updated on March 10, 2026 at 3:01 pm- Property ID: 1028449
- Price: $945,000
- Property Size: 3418 Sqft
- Garage Size: x x
- Property Type: Commercial Sale
- Property Status: Active
- MLS#: 1028449
Additional details
- Sewer: Sewer To Lot
- Cooling: Air Conditioning
- Heating: Baseboard,Electric,Heat Pump
- Flooring: Laminate,Tile
- County: Port Alberni, City of
- Property Type: Commercial Sale
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Owners Insurance
