3291 3rd Ave Port Alberni, British Columbia V9Y 4C9
$945,000
THREE ADDRESSES, TWO HOUSES, MULTIPLE SUITES, INVESTMENT PROPERTY. 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 immediate and 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:63400)
Property Details
| MLS® Number | 1027373 |
| Property Type | Single Family |
| Neigbourhood | Port Alberni |
| Features | Central Location, Cul-de-sac, Other |
| Parking Space Total | 1 |
| Structure | Shed, Workshop |
| View Type | Mountain View, Ocean View |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 9 |
| Constructed Date | 1927 |
| Cooling Type | Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Size Interior | 3,510 Ft2 |
| Total Finished Area | 3418 Sqft |
| Type | Fourplex |
Land
| Acreage | No |
| Size Irregular | 8250 |
| Size Total | 8250 Sqft |
| Size Total Text | 8250 Sqft |
| Zoning Description | R |
| Zoning Type | Multi-family |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Attic (finished) | 6' x 12' | ||
| Lower Level | Utility Room | 6'11 x 13'3 | ||
| Lower Level | Primary Bedroom | 13 ft | Measurements not available x 13 ft | |
| Lower Level | Kitchen | 6'3 x 11'2 | ||
| Lower Level | Dining Room | 11'6 x 16'2 | ||
| Lower Level | Bedroom | 10'10 x 13'5 | ||
| Lower Level | Bedroom | 10'11 x 13'3 | ||
| Lower Level | Bathroom | 3-Piece | ||
| Main Level | Primary Bedroom | 17'8 x 10'4 | ||
| Main Level | Living Room | 11'6 x 18'11 | ||
| Main Level | Kitchen | 12'10 x 10'5 | ||
| Main Level | Eating Area | 15'8 x 10'6 | ||
| Main Level | Bedroom | 8'7 x 9'4 | ||
| Main Level | Bathroom | 3-Piece | ||
| Other | Primary Bedroom | 11'4 x 10'5 | ||
| Other | Primary Bedroom | 11'7 x 10'6 | ||
| Other | Living Room | 14 ft | 14 ft x Measurements not available | |
| Other | Living Room | 12 ft | Measurements not available x 12 ft | |
| Other | Laundry Room | 4 ft | Measurements not available x 4 ft | |
| Other | Kitchen | 11'2 x 12'3 | ||
| Other | Kitchen | 11'2 x 12'5 | ||
| Other | Bedroom | 8 ft | Measurements not available x 8 ft | |
| Other | Bedroom | 8 ft | Measurements not available x 8 ft | |
| Other | Bathroom | 4-Piece | ||
| Other | Bathroom | 4-Piece |
https://www.realtor.ca/real-estate/29440804/3291-3rd-ave-port-alberni-port-alberni
Jack Roland
jackrolandrealestate.com/
173 West Island Hwy
Parksville, British Columbia V9P 2H1
(250) 248-4321
(800) 224-5838
(250) 248-3550
www.parksvillerealestate.com/
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March 06 2026 11:32:05
Vancouver Island Real Estate Board
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