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This 9 bedroom, 4 bathroom quadruplex is listed for sale at $945,000 in Port Alberni, British Columbia. The property offers 3418.00 square feet of living space. Built in 1927. Lot size: 9,583 sq ft (0.22 acres).MLS® #1027373.
MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. 47% 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.
Looking for homes for sale in Port Alberni? Browse Port Alberni real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Port Alberni area.
Property Type
Quadruplex
Year Built
1927
Interior Size
3,418 sq ft
Lot Size
9,583 sq ft(0.22 acres)
Bedrooms
9
Bathrooms
4
Kitchens
Area
Port Alberni
Neighborhood
Port Alberni
MLS® Number
#1027373
View comprehensive market analysis for 3rd Ave including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View 3rd Ave Market ReportMULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. 47% 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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$6,225
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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