3291 3rd Ave

Multi-family For Sale in Port Alberni, British Columbia

$945,000
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:4069)
Address
3291 3rd Ave
List Price
$945,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Port Alberni
MLS® Number
1028449
Listing Brokerage
Royal LePage Island Living (PK)
Postal Code
V9Y4C9
Zoning
R
Site Influences
View
Features
Cul-de-sac, Level lot, Corner Site

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Lorene MacGregor

RE/MAX

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