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5028 Richardson Rd, PORT ALBERNI
2025-10-03
Quick Summary
MLS®#1015657
Property Description
Investment Opportunity in North Port Alberni Tucked away on a quiet dead-end street in a desirable North Port Alberni neighborhood, this income-generating property is only half a block from the scenic inlet walking paths. Offering three separate units, it’s a rare find for investors seeking strong cashflow and long-term stability. The main home features a 2-bedroom, 1-bath upper unit and a 3-bedroom, 1-bath lower unit, while a charming bachelor suite carriage house adds extra versatility and income potential. All three units are currently rented to excellent long-term tenants, ensuring reliable returns from day one. The property has seen many recent updates including windows, flooring, kitchens, and bathrooms, giving peace of mind to new owners while making the suites attractive to tenants. With its great location, strong tenant base, and solid rental income, this is an ideal investment property that blends security with opportunity. Financial breakdown available. (id:32467)
Property Features
Building
- Cooling Type: None
- Fireplace: Yes
- Interior Size: 2489 sqft
- Building Type: House
Features
- Feature: Level lot, Other, Marine Oriented
Land
- Land Size: 6050 sqft
Ownership
- Type: Freehold
Zoning
- Description: R2
Information entered by Pemberton Holmes Ltd. (Pkvl)
Listing information last updated on: 2025-10-03 18:53:30
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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BRAD VESTAD REALTOR®
- Phone:
- 250-918-4744
- Email:
- bradvestad@gmail.com
- Support Area:
- Port Alberni, Sproat Lake, Alberni Valley, Qualicum, Parksville
Brad is a Medallion Award winning Realtor with over 15 years with One Percent Realty! Proudly servin ...
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