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Featured exterior photo of 3291 3rd Ave, Port Alberni, BC
Miller Real Estate Team logo Miller Real Estate Team · REMAX Professionals
MLS® 1027373
Featured Listing

3291 3rd Ave

Port Alberni, BC · V9Y 4C9
$885,000
9 Beds 4 Baths 3,418 sqft 0.22 ac Built 1927 137 Days on Market
About this home

Port Alberni Living, Reimagined.

MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. Strong revenue property generating $6,150 per month with a 5.84% 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.
MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES.
The Details

Property Highlights

Bedrooms 9
Bathrooms 4
Living Area 3,418 sqft
Year Built 1927
Lot Size 0.22 acres
Location

On the Map

3291 3rd Ave, Port Alberni, BC Open in Google Maps
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Miller Real Estate Team

REMAX Professionals
Nanaimo, British Columbia
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3291 3rd Ave — enlarged listing photo