For Sale: 3291 3rd Avenue, Port Alberni, BC - REW
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$895,000
0 bd • ba • sf • Multifamily
3291 3rd Avenue
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$895,000
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3291 3rd AvenuePort Alberni, BC, V9Y 4C9

Port Alberni Proper
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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.
Listed by: Jack Roland, Royal LePage Island Living (PA)

Home facts and features

Price details
List Price
$895,000
Get Pre-Approved
Gross Taxes for 2025
$5,347
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
0 ft²
Frontage
66 feet
Title
Freehold
Heating Type
Baseboard, Electric, Heat Pump
Cooling
Air Conditioning
Features
Corner, Cul-de-Sac, Level
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Island Living (PA)
Listing details
Days on REW
94 Days
Property Views
138
MLS® Number
1028449
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Alberni District Secondary School
  • Public
  • 8 - 12
  • In Catchment
John Paul II Catholic School
  • Independent
  • K - 7
Eric J Dunn School
  • Public
  • Pre-K - 7
Ecole Des Grands Cedres
  • Public
  • K - 7
A W Neill Elementary School
  • Public
  • K - 7
Haahuupayak School
  • Independent
  • K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Jack Roland
Phone:
250-702-2894
Cell:
250-702-2894
Office:
250-927-7628
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