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$675,000

Port Alberni BC, V9Y 2V8

MLS® # 1021691

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

Convert Measurement to:


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.

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 2758 Anderson Ave, Port Alberni, BC, V9Y 2V8

Demographic Information of 2758 Anderson Ave, Port Alberni, BC, V9Y 2V8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$91,567.29

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.13 %

High school certificate or equivalent

31.67 %

Apprenticeship trade certificate/diploma

14.09 %

College/non-university certificate

19.82 %

University certificate (below bachelor)

2.05 %

University Degree

13.24 %

Commuter

Travel To Work

By Car

92.94 %

By Public Transit

0.0 %

By Walking

2.07 %

By Bicycle

0.0 %

By Other Methods

4.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.06 %

Houses

92.94 %

Own Vs. Rent