About 3291 3rd Ave
MULTI-UNIT LISTING IN PORT ALBERNI, THREE ADDRESSES, TWO HOUSES. Strong revenue property generating $6,150 per month with a 6.03% 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.
Features of 3291 3rd Ave
| MLS® # | 1027373 |
|---|---|
| Price | $859,000 |
| Bedrooms | 9 |
| Bathrooms | 4.00 |
| Square Footage | 3,418 |
| Acres | 0.22 |
| Year Built | 1927 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 3291 3rd Ave |
|---|---|
| Area | PA Port Alberni |
| City | Port Alberni |
| County | Port Alberni, City of |
| Province | BC |
| Postal Code | V9Y 4C9 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Additional, Carport, Driveway, Guest, On Street |
| View | Mountain(s), Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric, Heat Pump |
|---|---|
| Cooling | Air Conditioning |
| Fireplace | No |
Exterior
| Exterior Features | Low Maintenance Yard |
|---|---|
| Windows | Aluminum Frames, Insulated Windows, Vinyl Frames |
| Roof | Asphalt Shingle, Asphalt Torch On |
| Construction | Frame Wood, Insulation All, Stucco, Vinyl Siding |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | March 6th, 2026 |
|---|---|
| Days on Market | 154 |
| Zoning | R |
Listing Details
| Office | Royal LePage Island Living (PA) |
|---|