4963 Angus St, Port Alberni, BC V9Y 7Z4

$2,899,990

Courtesy of Sutton Group-West Coast Realty (Nan)

List Price
$2,899,990
Status
ACTIVE
MLS®
916553
Property Type
Commercial
Acres
0.67
Lot Size
29,281
District
Port Alberni
Neighbourhood
Pa Port Alberni

Property Description

VTB (FIRST MORTGAGE ONLY) of up to 70% of accepted offer price, 3 year term at 5% interest only, possible for a qualified Buyer, approved and provided at the sole discretion of the Seller. Seller open to options! Multi Family revenue property that is exceptionally well located near ocean and amenities. Calling all investors and aspiring investors: PRESENTING AN opportunity to own a multifamily/Commercial property in the core of downtown. The vacancy rate is minimal in this rental market. 21 units rented for $600 each makes for a heafty income not to mention there is a convention centre, restaurant, Bar, stripper bar, office space and lots of parking the potential on this building is endless. Some TLC from the right owner can turn this opportunity into a money-making-machine. Development Permit for additional 2 stories of residence was approved but has lapsed. Seller is motivated and open to partnership and financing options.Buyer to verify measurements if fundamental to the purchase.

Additional Information

Parking Type
On Site
Taxes
$12,397
Rentals Allowed
Unrestricted

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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