$675,000

Investment For Sale In Port Alberni, British Columbia

$675,000

Property Information:

Strong Cash-Flowing 4 Plex – High Cap RateA rare opportunity to own a solid income-producing 4 plex, with each unit offering 2 bedrooms and 1 bathroom. Tenants enjoy functional layouts while investors benefit from consistent performance.Tenants pay their own utilities – keeping operating costs low5 separate meters for straightforward managementHigh cap rate of approx. 6.5% – rare in today’s marketGreat cashflow with reliable long-term rental demandThis property checks all the boxes for savvy investors: low overhead and strong income. Whether you’re expanding your portfolio or making your first multi-family purchase, this is an opportunity that delivers.Ask for a full financial breakdown of the property.Gross income $5,021

Property Features:

  • Bedrooms: 8
  • Bathrooms: 4
  • Annual Tax Amount: $3,971
  • Basement: Finished, Walk-Out Access
  • Built in: 1954
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls
  • Cooling: None
  • Floor Space (approx): 2360 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Lot Features: Family-Oriented Neighbourhood, Rectangular Lot, Shopping Nearby, Sidewalk
  • Lot Frontage: 7176 Square Feet
  • Lot Size: 7176.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Carport Quad+, Other
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Roof: Fibreglass Shingle
  • View: Mountain(s)
  • Water Source: Municipal
  • Zoning Description: Non-Conforming
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen Main Level 3.58 m x 3.66 m
  • Living Main Level 3.10 m x 4.57 m
  • Bedroom Main Level 2.39 m x 3.40 m
  • Bedroom Main Level 3.23 m x 3.56 m
  • Kitchen Main Level 3.35 m x 3.66 m
  • Living Main Level 3.05 m x 4.57 m
  • Bedroom Main Level 3.20 m x 3.51 m
  • Bedroom Main Level 2.39 m x 3.35 m
  • Living Other level :Lower 3.35 m x 3.66 m
  • Bedroom Other level :Lower 3.05 m x 2.74 m

Courtesy of: Pemberton Holmes Ltd. (Pkvl)

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.