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Main Photo: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 1: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 2: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 3: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 4: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 5: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 6: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 7: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 8: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 9: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 10: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 11: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 12: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 13: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 14: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 15: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 16: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 17: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 18: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 19: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Photo 20: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
869768
Investment with redevelopment opportunity strata 6-plex each unit has individual title. Each unit is 3 bedrooms plus den, 2 bathrooms, in suite laundry 2 storeys and private court yard. Each unit has an outside storage room. Self run strata with only 3 owners for all units. Long term tenants. Solid investment with RM3 zoning and strong support from City to redevelop. Strategic holding property with future redevelopment. Current Gross monthly rent is $5000, market rent should be closer to $8400 per month. Opportunity to renovated and create equity in this low maintenance investment. 18 unit strata complex in 3 buildings, each building is owned by 1 owner. Full information package available upon request.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
PA Port Alberni, Port Alberni
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
$6,194 / 2020
Building Features:
Storage Room
Construction:
Frame Wood
Foundation:
Concrete Perimeter
Number of Storeys:
2
Floor finish:
Mixed
Total Building Area:
6,392 sq. ft.
Commercial Area:
Downtown
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Electric
Fireplace:
No
Balcony/Patio
Main Level
Financing Notes:
Seller will carry a second mortgage with qualifications.
Assessed:
663400.0
Assessment year:
2020
Jurisdiction name:
City of Port Alberni
Legal Description:
SL 1,2,3,4,5,6 District Lot 1 Alberni District, Strata Plan VIS 3015 together with an interest in the common property in proportion to the unit entitlement of the strata lot shown on form 1
Zoning:
RM3
Units in Building:
6
Units in Community:
18
Occupancy:
Tenant
Lot Site Features:
Central Location, Easy Access, Family-Oriented Neighbourhood, Level
Parking Features:
On Site
Total Parking Spaces:
12
Road Frontage Type:
Lane
Total Units:
6
  • Photo 1: 4214 8th Ave in : PA Port Alberni Multi Family for sale (Port Alberni)  : MLS®# 869768
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Listed by Ken Welte of Sutton Group-West Coast Realty (Nan)
Data was last updated April 11, 2021 at 02:05 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$649,450
Min list price:
$69,900
Max list price:
$6,200,000
Avg days on market:
60
Min days on market:
3
Max days on market:
759
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.
Ken Welte
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.