9 Bedrooms
4 Bathrooms
1 Additional Parking, Carport, Driveway, Guest, Parking
3,418 sqft
$945,000
About this Quadruplex in Port Alberni
THREE ADDRESSES, TWO HOUSES, MULTIPLE SUITES, INVESTMENT PROPERTY. 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 vi…ews 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.Exterior Features Of 3291 3rd, Port Alberni, Port Alberni
Low Maintenance YardOther Structures At 3291 3rd, Port Alberni, Port Alberni
Storage Shed, WorkshopLot Features Of 3291 3rd, Port Alberni, Port Alberni
Central Location, Cul-De-Sac, Easy Access, Shopping Nearby, Sidewalk
Listed by Royal LePage Island Living (PK).
THREE ADDRESSES, TWO HOUSES, MULTIPLE SUITES, INVESTMENT PROPERTY. 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.
Exterior Features Of 3291 3rd, Port Alberni, Port Alberni
Low Maintenance Yard
Other Structures At 3291 3rd, Port Alberni, Port Alberni
Storage Shed, Workshop
Lot Features Of 3291 3rd, Port Alberni, Port Alberni
Central Location, Cul-De-Sac, Easy Access, Shopping Nearby, Sidewalk
Listed by Royal LePage Island Living (PK).
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 1027373
- Bedrooms: 9
- Bathrooms: 4
- Type: Quadruplex
- Building: 3291 3rd Avenue, Port Alberni
- Square Feet: 3,418 sqft
- Lot Size: 8,250 sqft
- Frontage: 66.00 ft
- Depth: 125.00 ft
- Taxes: $5,347 (2025)
- Parking: 1 Additional Parking, Carport, Driveway, Guest,
- Fireplaces: 0
- Year Built: 1927
More About Port Alberni, Port Alberni
lattitude: 49.23697571
longitude: -124.80710346
V9Y 4C9