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- $859k Price
- 3,418 Sqft
- 160 DOM
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3291 3rd Ave
– $859,000
MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. Strong revenue property generating $6,150 per month with a 5.84% 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.
Essential Information
- MLS® #1028449
- Price$859,000
- Square Footage3,418
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
- Taxes$5,347
- Tax Year2025
Community Information
- Address3291 3rd Ave
- AreaPA Port Alberni
- CityPort Alberni
- CountyPort Alberni, City of
- ProvinceBC
- Postal CodeV9Y 4C9
Amenities
- ViewMountain(s), Ocean
Interior
- HeatingBaseboard, Electric, Heat Pump
- CoolingAir Conditioning
Exterior
- FoundationPoured Concrete
Additional Information
- Date ListedMarch 6th, 2026
- Days on Market160
- ZoningR
Listing Office
Royal LePage Island Living (PA)
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.