4836 Redford St, Port Alberni
About This Property
Calling investors and first-time buyers! This updated property features two self-contained 2 bed, 1 bath suites with separate hydro meters and 100-amp panels. Major upgrades include plumbing, electrical, and fresh paint throughout.
Upper suite offers a wood-burning fireplace, updated kitchen with granite counters, renovated bath with tile and glass walk-in shower, plus an enclosed deck. Lower suite features a newer kitchen and bathroom with two good-sized bedrooms. Shared laundry is on the lower level.
Parking for 1 off the side alley with additional rear parking potential from the back alley with some simple finishing. Estimated rental income of $3,400/month ($1,800 up / $1,600 down) makes for great return on your investment. Or live upstairs and use the lower suite as a mortgage helper.
Centrally located within walking distance to amenities and transit, with a bus stop right outside. This is a smart, turnkey opportunity you won’t want to miss.