Multi-family for sale

3330 & 3344 Johnston Rd, Port Alberni

$1,500,000 or
$1,500,000 or

Multi-family for sale

3330 & 3344 Johnston Rd, Port Alberni

Features

Lifestyle
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Floor Area
4,080 sqft
Lot Size
50,348 sqft
Gross Property Tax
$2,791 /year
Zoning
C6
Amenities
Fencing: Partial, Garden, Sign: Allowed, Laundry Room, Parking, Shopping Centre, Shopping Nearby, Transit Nearby
View
City, Mountain(s)
Additional Features
Acreage, Central Location, Family-Oriented Neighbourhood, Recreation Nearby, Serviced, Shopping Nearby
Total no. of Units
10
Financial Summary
$80,629
40

Description

Fantastic investment or development opportunity! Don’t miss it!! Two huge lots with highway access in the centre of Port Alberni‘s rapidly growing and busy commercial core. Currently housing two 1950s single bedroom quadruplexes and two single-family residences with large monthly revenue streams via long established tenants. This property is prime for development with C6 and A1 zoning which allows for multi family or commercial. These 2 properties (and 3 others adjacent) are subject to imminent amalgamation with the City of Port Alberni. With Walmart and Canadian Tire malls directly adjacent on the Alberni highway and municipal sewer at the lot line, with dual driveway access, these tandem properties will go fast! All measurements are approximate and should be verified if important.
MLS® Number 877455

Listing REALTORS®

Peter Kent, REALTOR<sup>®</sup>

Peter Kent

REALTOR®

RE/MAX Of Nanaimo

Rick Horsland, REALTOR<sup>®</sup>

Rick Horsland

REALTOR®

RE/MAX Of Nanaimo

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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