UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1017317
Style Rancher
Bedrooms 3
Rental Info Unrestricted
Year Built 1970
Annual Tax Amount $10,540
Tax Year 2025
Lot Size 1.320 Acres
Acres 1.32
Property Sub-Type Single Family Detached
Property Description
Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today's low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There's also potential for additional RV parking income.
A hard-to-find investment with strong revenue potential and multiple income streams.
All measurements are approximate and should be verified if important.
Location
Province BC
County Port Alberni, City Of
Area Pq Qualicum Beach
Rooms
Basement Other
Main Level Bedrooms 3
Kitchen 0
Interior
Heating Mixed
Cooling None
Heat Source Mixed
Laundry In House
Exterior
Parking Features Driveway, Open, RV Access/Parking, Other
Roof Type Other
Total Parking Spaces 15
Building
Faces South
Foundation Other
Sewer Septic System
Water Well: Drilled
Structure Type Other
Others
Pets Allowed Yes
Tax ID 000-660-949
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
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