Description
THREE ADDRESSES, TWO HOUSES, MULTIPLE SUITES, INVESTMENT PROPERTY. Strong revenue property generating $6,150 per month with a 5.47% 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.
Property Details
| Property Type | Residential |
| Property Sub Type | Quadruplex |
| Listing ID | 1027373 |
| Status | Active |
| City | Port Alberni |
| Area | Port Alberni |
| Sub-Area | PA Port Alberni |
| Postal Code | V9Y 4C9 |
| Property Taxes | $5,347.00 (2025) |
| Parking Total | 1 |
| Zoning | R |
| Facing | West |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard,Electric,Heat Pump |
| Cooling | Air Conditioning |
| Exterior Features | Low Maintenance Yard |
| Construction | Frame Wood,Insulation All,Stucco,Vinyl Siding |
| Roof | Asphalt Shingle,Asphalt Torch On |
| Foundation | Poured Concrete |
| Basement | Crawl Space |
| Laundry | In Unit |
| Listed Date | Mar 6, 2026 |
| Ownership | Freehold |
| Lot Size | 0.22 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 3-Piece | |
| Bedroom | Main level | 8\'7 x 9\'4 | |
| Eating area | Main level | 15\'8 x 10\'6 | |
| Kitchen | Main level | 12\'10 x 10\'5 | |
| Living room | Main level | 11\'6 x 18\'11 | |
| Primary Bedroom | Main level | 17\'8 x 10\'4 | |
| Bathroom | Other | 4-Piece | |
| Bathroom | Other | 4-Piece | |
| Bedroom | Other | Measurements not available x 8 ft | |
| Bedroom | Other | Measurements not available x 8 ft | |
| Kitchen | Other | 11\'2 x 12\'3 | |
| Kitchen | Other | 11\'2 x 12\'5 | |
| Laundry room | Other | Measurements not available x 4 ft | |
| Living room | Other | 14 ft x Measurements not available | |
| Living room | Other | Measurements not available x 12 ft | |
| Primary Bedroom | Other | 11\'4 x 10\'5 | |
| Primary Bedroom | Other | 11\'7 x 10\'6 |
Building Details
| Heating | Baseboard heaters, Heat Pump |
| Heating Fuel | Electric |
| Stories | -1 |
| Total Finished | 3418 sqft |
Additional Information
| Features | Central location, Cul-de-sac, Other |
| View | Mountain view, Ocean view |
| Land Size | 8250 sqft |
| Building Type | Fourplex |
| Interior Size | 3510 sqft |
| Transaction | For sale |