Address
5148 Mary St, Port Alberni, BC
Price
$ 789,900
Property Attributes
  • ID#1038610
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityPort Alberni
  • CityPort Alberni
  • AreaPort Alberni
  • NeighbourhoodPort Alberni
  • Postal CodeV9Y 7H4
  • Style
  • Year Built1958
  • Price$ 789,900
  • Bedrooms5
  • Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2690
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Rarely does an opportunity like this come available! Nestled in a quiet North Alberni rural residential neighbourhood, this legal quadruplex offers a compelling combination of income potential, thoughtful updates, and a location that appeals to a wide range of tenants. Set on a spacious 0.35-acre corner lot, the property provides room for additional boat, RV, or vehicle parking while maintaining easy access to everyday conveniences. Over the past five years, all four units have been extensively renovated, creating comfortable and functional living spaces that tenants are proud to call home. The building includes one two-bedroom, one-bathroom unit and three one-bedroom, one-bathroom units. Each residence features spacious open-concept living, dining, and kitchen areas that support modern lifestyles, along with large bedrooms designed for comfort and flexibility. Practical improvements throughout the property add long-term value and convenience. Each unit is individually metered with separate hydro service, equipped with a newer hot water tank, and includes in-suite laundry. Vinyl thermal windows contribute to efficiency and comfort year-round. Outside, tenants enjoy their own newer deck with durable metal privacy fencing separating each outdoor space. A laneway-access carport provides four covered parking stalls, while the generous lot offers additional parking options rarely found in multi-family properties. Located just minutes from amenities, recreation facilities, restaurants, shopping, schools, and trails, the property also benefits from proximity to Naesgaard’s Farm & Market, a popular local destination. Excellent tenants are already in place, making this a strong investment opportunity from day one. Whether you are expanding your portfolio or seeking a well-maintained multi-family property in a desirable location, this quadruplex offers a compelling opportunity. Reach out any time to arrange your private viewing. (id:7434)

General Features

Features Level lot, Corner Site, Other, Marine Oriented
Property Type Single Family
Zoning Description RR
ZoningType Unknown
Neighbourhood Port Alberni
Building Appliances Dryer, Range - Electric, Refrigerator, Washer
Building Cooling Type None
Parking Space Total 8
Building Type Fourplex
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters
Building Heating Fuel Electric
Living Area Range 2690
Bedrooms 5

Exterior Features

ViewType Mountain view

Room Details

Room Dimensions Level Flooring Details
Bathroom 4-Piece Main level
Bedroom 10'3 x 12'5 Main level
Dining room 7'11 x 15'2 Main level
Kitchen 18'3 x 8'4 Main level
Living room 11'8 x 12'1 Main level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in V9Y 7H4

Price
AVG $790K
$790K
Year Built
AVG 1958
1958