4571 Pemberton Rd
Port Alberni, Port Alberni, BC, V9Y5K2
Listed by Royal LePage Coast Capital - Chatterton
$5,990,000
- 34632 sq ft
Listed 162 days ago · MLS® 1036693
About this home
Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month, not included in stated income, offering additional revenue potential. (id:66966)
Details
- Type
- Multiplex
- Size
- 34632 sq ft
- Property tax
- $33,724
- Neighbourhood
- Port Alberni
- Municipality
- Port Alberni
Interior
- Fireplace
- No
Location
Location is approximate. See nearby homes on the map
Listed by Royal LePage Coast Capital - Chatterton.
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