Property Description

Strong Cash-Flowing 4 Plex – High Cap Rate
A 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 low
5 separate meters for straightforward management
High cap rate of approx. 6.5% – rare in today’s market
Great cashflow with reliable long-term rental demand
This 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 Details

  • Property ID:30319583
  • Price:$675,000
  • Property Type:Residential
  • Bedrooms:8
  • Bathrooms:4
  • Lot Size:7176.00 sq ft
  • Living Area:2360.00 sq ft
  • Year Built:1954
  • Parking:4 spaces
  • Status:Active
  • City:Port Alberni
  • State/Province:BC
  • Postal Code:V9Y 2V8
  • Listing Agent:Jason Ridout
  • Office:Pemberton Holmes Ltd. (Pkvl)

Condition

  • 3 Bedrooms
  • 2 Bathroom
  • 1 Garage
  • 1 Balcony
  • 4800 sq ft
  • TV

Features

  • Air conditioning
  • Wifi
  • Swimming Pool
  • Double Bed
  • Balcony
  • Telephone
  • Garage
  • Parking
  • TV
  • Home Theater
  • Alarm
  • Garage
  • Gym
  • Electric Range
  • Private space

Floor Plans

Size Rooms Bathrooms
1600 3 2
floor-plans

Property Vedio

Property Location