3291 3rd Avenue Avenue

$945,000 | Port Alberni, Port Alberni and West Coast

3291 3rd Avenue, Port Alberni, Port Alberni and West Coast

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About this Quadruplex

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.

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).

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Call Shane at 778.585.5010 or fill out the form below.

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