4931 Bruce St
PA Port Alberni Port Alberni V9Y 1G7

$699,900
Residential beds: 5 baths: 4.0 2,490 sq. ft. built: 1975

Main Photo: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 1: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 2: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 3: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 4: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 5: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 6: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 7: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Photo 8: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
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Photo 27: 4931 Bruce St in Port Alberni: PA Port Alberni Quadruplex for sale : MLS®# 965823
Status:
Active
Prop. Type:
Residential
MLS® Num:
965823
Bedrooms:
5
Bathrooms:
4
Year Built:
1975
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!
Property Type:
Residential
Type:
Quadruplex
Year built:
1975 (Age: 49)
Living Area:
2,490 sq. ft.
Listing General Location:
PA Port Alberni, Port Alberni
Bedrooms:
5
Bathrooms:
4.0 (Full:-/Half:-)
Lot Size:
4,950.034 sq. ft.
Kitchens:
4
Taxes:
$4,841.17 / 2024
Building Features:
Transit Nearby
Construction:
Brick, Insulation: Ceiling, Insulation: Walls
Basement:
Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Membrane
Levels:
2
Floor finish:
Laminate, Linoleum, Mixed
Total Building Area:
2,490 sq. ft.
Total Unfinished Area:
0 sq. ft.
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
2
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
2
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,245 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,245 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
Common Area
Water supply:
Municipal
Sewer:
Sewer To Lot
Additional Accommodations:
Exists
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Oven/Range Electric, Refrigerator
Dining/Living Combo
Vinyl Frames
Low Maintenance Yard
City
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Bedroom - Primary
10'8" × 9'2"
Main Floor
Bedroom - Primary
11'5" × 10'6"
Main Floor
Living Room
13'1" × 9'7"
Main Floor
Kitchen
9'4" × 6'4"
Main Floor
Kitchen
9'1" × 8'5"
Main Floor
Living Room
15' × 10'11"
2nd Floor
Kitchen
14' × 11'4"
2nd Floor
Bedroom - Primary
11'5" × 11'2"
2nd Floor
Bedroom
17'3" × 9'
2nd Floor
Kitchen
10'1" × 7'9"
2nd Floor
Living Room
13'4" × 10'9"
2nd Floor
Living Room
15'4" × 11'3"
2nd Floor
Bedroom - Primary
9'9" × 9'2"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Main Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
Financing Notes:
3.5% ON THE FIRST $100,000.00 & 1.5% ON THE BALANCE IF PHYSICAL INTRODUCTION OTHERWISE $1000.00
Assessed:
714000.0
Assessment year:
2024
Gross Income:
46088.4
Net Operating Income:
35825.4
Jurisdiction name:
City of Port Alberni
Legal Description:
LOT 2 DISTRICT LOT 1 ALBERNI DISTRICT PLAN 11392
Zoning:
RM2
Bed and Breakfast:
None
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
4
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Contact List Licensee
Utilities:
Cable Available, Electricity Connected, Garbage, Phone Available, Recycling
Exposure / Faces:
West
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Central Location, Family-Oriented Neighbourhood, Marina Nearby, Recreation Nearby, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Open
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
4
Date Listed:
Jun 10, 2024
Original Price:
699900.0
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Listed by RE/MAX Mid-Island Realty
Data was last updated June 15, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
198
Avg list price:
$569,900
Min list price:
$140,000
Max list price:
$2,490,000
Avg days on market:
49
Min days on market:
1
Max days on market:
421
Avg price per sq.ft.:
$317.32
These statistics are generated based on the current listing's property type and located in PA Port Alberni. Average values are derived using median calculations.
CATHY BRAIDEN
Glenn Matthiesen
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.