3291 3rd Ave, PORT ALBERNI

2026-03-07
 

Quick Summary

Location
3291 3rd Ave, PORT ALBERNI, British Columbia V9Y4C9
Price
$945,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
3510 sqft
Bedrooms:
9
Bathrooms:
4
Year of Construction:
1927

MLS®#1027373

Property Description

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:32467)

Property Features

Building

  • Cooling Type: Air Conditioned
  • Fireplace: No
  • Interior Size: 3510 sqft
  • Building Type: Fourplex

Features

  • Feature: Central location, Cul-de-sac, Other

Land

  • Land Size: 8250 sqft

Ownership

  • Type: Freehold

Structure

  • Structure: Shed, Workshop

Zoning

  • Description: R

Information entered by Royal LePage Island Living (PK)
Listing information last updated on: 2026-03-06 23:32:05


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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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