3291 3rd Ave, Port Alberni, British Columbia V9Y 4C9

Listed for:
$945,000
9 beds
4 baths
Listed 26 days ago
Fourplex for rent: 3291 3rd Ave, Port Alberni, British Columbia V9Y 4C9

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About

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:27476)

Property Highlights

MLS® Number
1027373
Type
Single Family
Ownership Type
Freehold
Land Size
8250 sqft
Parking Space Total
1

Building

Building Type
Fourplex
Square Footage
3418 sqft
Bathrooms Total
4
Bedrooms Total
9
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Heat Pump
Heating Fuel
Electric
Building Cooling Type
Air Conditioned

Location

Learn more about this property
Listing provided by:
Royal LePage Island Living (PK)
MLS® number:
1027373
Agent:
Jack Roland
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Street Spotlight - For sale