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$650,000

3628 5th Ave, Port Alberni, BC, V9K 4K2

MLS® # 995887

Port Alberni BC, V9K 4K2

MLS® # 995887

Property Information:

Investment property, or live in one side and rent out the other. The units are 1 three bedrom unit and 1 four bdrm unit.This property is available as vacant if desired. It is currently operated by Port Alberni Housing Society as transitional housing. Central location and excellent return on investment. Can be sold with the 4 plex next door at 3626 5th Avenue. NET RETURN ON INVESTMENT AFTER EXPENSES OF 5.5%

Property Features:

  • Annual Tax Amount: $2,393
  • Building Features: Transit Nearby
  • Built in: 1958
  • Lot Features: Level
  • Lot Frontage: 7251 Square Feet
  • Lot Size: 7251.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Zoning: RM2
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 0

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 3628 5th Ave, Port Alberni, BC, V9K 4K2

Demographic Information of 3628 5th Ave, Port Alberni, BC, V9K 4K2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,583.11

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

33.49 %

High school certificate or equivalent

33.73 %

Apprenticeship trade certificate/diploma

12.82 %

College/non-university certificate

15.1 %

University certificate (below bachelor)

0.02 %

University Degree

4.83 %

Commuter

Travel To Work

By Car

85.1 %

By Public Transit

0.06 %

By Walking

1.41 %

By Bicycle

0.0 %

By Other Methods

13.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.31 %

Houses

75.69 %

Own Vs. Rent