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.
Data was last updated March 7, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
170
Avg list price:
$554,950
Min list price:
$54,900
Max list price:
$1,750,000
Avg days on market:
50
Min days on market:
1
Max days on market:
515
Avg price per sq.ft.:
$332.06
These statistics are generated based on the current listing's property type
and located in
PA Port Alberni. Average values are
derived using median calculations. This data is not produced by
the MLS® system.