$895,000
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3291 3rd Ave, Port Alberni

Port Alberni, BC V9Y 4C9
MLS® 1027373
9
Bedrooms
4
Bathrooms
3,418
Sq Ft
1927
Year Built
63
Days on Market

Description

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.

Property Details

Property Type Residential
Property Sub Type Quadruplex
Listing ID 1027373
Status Active
City Port Alberni
Area Port Alberni
Sub-Area PA Port Alberni
Postal Code V9Y 4C9
Property Taxes $5,347.00 (2025)
Parking Total 1
Zoning R
Facing West
Water Municipal
Sewer Sewer Connected
Heating Baseboard,Electric,Heat Pump
Cooling Air Conditioning
Exterior Features Low Maintenance Yard
Construction Frame Wood,Insulation All,Stucco,Vinyl Siding
Roof Asphalt Shingle,Asphalt Torch On
Foundation Poured Concrete
Basement Crawl Space
Laundry In Unit
Listed Date Mar 6, 2026
Lot Size 0.22 acres

Location