Seller Financing
Address
4214 8th Ave Port Alberni, BC
Price
$ 1,300,000
Property Attributes
  • MLS#869768
  • TypeCommercial
  • CityPort Alberni
  • AreaPort Alberni
  • NeighbourhoodPA Port Alberni
  • Postal CodeV9Y 7S8
  • StyleMulti Family
  • Taxes6194
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6392
Listing Provided Courtesy Of:
Sutton Group-West Coast Realty (Nan)
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

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.

General Features

Commercial Area Downtown
Commercial Listing Type Building, Land
Construction Materials Frame Wood
Flooring Mixed
Heating Baseboard, Electric
Parking Total 12
Property SubType Multi Family
Property Type Commercial Sale
Sewer Sewer Connected
Zoning RM3

Interior Features

Number Of Units In Building 6
Number Of Units In Community 18
Total Units 6

Exterior Features

Building Area Total 6392.00
Building Features Storage Room
Exterior Features Balcony/Patio
Foundation Poured Concrete
Lot Description Central Location, Easy Access, Family-Oriented Neighbourhood, Level
Lot Size Acres 0.00
Lot Size Square Feet 0.00
Parking Onsite Yn Yes
Water Source Municipal

Amenities

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

Property vs Postal Code Average in V9Y 7S8

Price
AVG $1.3M
$1.3M
Taxes
AVG $6,194
$6,194
Visits
AVG 64
63