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$789,900
5 Beds ⋅ 4 Baths ⋅ 1038610 MLS
Located in a quiet North Alberni rural residential neighbourhood, this rare legal quadruplex presents an excellent investment opportunity. All 4 units have been renovated within the past 5 years, creating comfortable living spaces that tenants are proud to call home - including one 2-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom units. Each residence offers spacious open-concept living, dining, and kitchen areas, large bedrooms, separate hydro service, newer hot water tanks, and in-suite laundry. Vinyl thermal windows enhance comfort and efficiency throughout. Outside, tenants enjoy four newer decks with metal privacy fencing, a laneway-access carport with four stalls, and a generous 0.35-acre corner lot with room for additional boat, RV, or vehicle parking. Excellent tenants are already in place. Conveniently located minutes from amenities, recreation, restaurants, shopping, schools, trails, and Naesgaard’s Farm & Market. Reach out any time to arrange your private viewing.

5148 Mary St, Port Alberni

Courtesy of Loyal Homes Ltd.

$779,900
5 Beds ⋅ 3 Baths ⋅ 1036121 MLS
This legal duplex with in-law suite offers flexibility for multi-generational living, rental income, or long-term investment on a corner lot in North Alberni. With 3 separate suites, each living space provides comfort and independence while sharing laundry and storage. The fully renovated main level and the well-appointed upper level each feature a living room, kitchen, 2 bedrooms, and a full bathroom, while the lower in-law suite includes a living room, kitchen, bedroom, and full bathroom. Outside, the large landscaped yard provides room to enjoy the outdoors. A triple carport offers generous covered parking, with a deck above that captures beautiful mountain views. A storage shed adds practical space, and updated perimeter drains provide added peace of mind. With 3 separate electric meters, hot water tanks, and RV plug, the property is well set up for independent living. Located within walking distance to John Howitt Elementary and minutes from shopping, restaurants, and amenities.

3805 Morgan N Cres, Port Alberni

Courtesy of Loyal Homes Ltd.

$885,000
9 Beds ⋅ 4 Baths ⋅ 1027373 MLS
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.

3291 3rd Ave, Port Alberni

Courtesy of Royal LePage Island Living (PA)

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