3291 3rd Ave Port Alberni, British Columbia V9Y 4C9
$895,000
MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. Strong revenue property generating $6,150 per month with a 5.78% 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:59126)
Property Details
| MLS® Number | 1028449 |
| Property Type | Multi-family |
| Neigbourhood | Port Alberni |
| Features | Cul-de-sac, Level Lot, Corner Site |
| View Type | Mountain View, Ocean View |
Building
| Cooling Type | Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Size Exterior | 3418 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Zoning Description | R |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29453837/3291-3rd-ave-port-alberni-port-alberni
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April 23 2026 08:43:00
Vancouver Island Real Estate Board
