$550,000
$649,900
15.4%For more information regarding the value of a property, please contact us for a free consultation.
4931 Bruce St Port Alberni, BC V9Y 1G7
5 Beds
4 Baths
2,490 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $220
MLS Listing ID 965823
Sold Date 09/30/24
Style Main Level Entry with Upper Level(s)
Bedrooms 5
Rental Info Unrestricted
Year Built 1975
Annual Tax Amount $4,841
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Great investment opportunity! Fourplex with good return, with all units rented. Located in a quiet residential area in southport. Tenants pay their own heat and hydro. All suites in this complex were renovated just a few years ago. Each unit is separately metered with individual hot water tanks. The building has 3 one bedroom apartments that are rented for $900, $816 and $724 and one 2 bedroom apartment rented for $1400 and separate coin operated laundry. Revenue is $3840 a month and $46,080 annually. Walking distance to shopping, restaurants, recreation, Harbour Quay and Canal Beachfront area. On the city bus route. This complex is a must see! Priced below assessed value of $714,000. Good opportunity for the investor!
Location
State BC
County Port Alberni, City Of
Area Pa Port Alberni
Zoning RM2
Direction West
Rooms
Basement Walk-Out Access, With Windows
Main Level Bedrooms 2
Kitchen 4
Interior
Interior Features Dining/Living Combo
Heating Baseboard, Electric
Cooling None
Flooring Laminate, Linoleum, Mixed
Window Features Vinyl Frames
Appliance Oven/Range Electric, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Low Maintenance Yard
Utilities Available Cable Available, Electricity To Lot, Garbage, Phone Available, Recycling
View Y/N 1
View City
Roof Type Membrane
Parking Type Open
Total Parking Spaces 4
Building
Lot Description Central Location, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Shopping Nearby
Building Description Brick,Insulation: Ceiling,Insulation: Walls, Main Level Entry with Upper Level(s)
Faces West
Foundation Poured Concrete
Sewer Sewer To Lot
Water Municipal
Additional Building Exists
Structure Type Brick,Insulation: Ceiling,Insulation: Walls
Others
Tax ID 005-016-894
Ownership Freehold
Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with Pemberton Holmes Ltd. (Nanaimo)