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.
Parking features: Additional Parking, Carport, Driveway, Guest, On Street
Carport spaces: 1
Has uncovered spaces: Yes
Features
Levels: 1
Entry location: Main Level
Exterior features: Low Maintenance Yard
Has view: Yes
View description: Mountain(s), Ocean
Has water view: Yes
Water view: Ocean
Lot
Size: 9,583 Square Feet
Dimensions: 66 x 125
Features: Central Location, Cul-De-Sac, Easy Access, Shopping Nearby
Details
Additional structures: Shed(s), Workshop
Parcel number: 004654315
Zoning: R
Zoning description: Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Attached to another structure: Yes
Materials
Frame Wood, Insulation All, Stucco, Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt Shingle,Asphalt Torch On
Condition
Updated/Remodeled
New construction: No
Year built: 1927
Utilities & green energy
Water: Municipal
Community & HOA
Community
Features: Sidewalks
Location
Region: Pt Alberni
Financial & listing details
Price per square foot: C$259/sqft
Tax assessed value: C$674,000
Annual tax amount: C$5,347
Date on market: 3/6/2026
Ownership: Freehold
Jack Roland
Jack Roland
(250) 702-2894
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