4963 Angus St Port Alberni, British Columbia V9Y 7Z4

$2,499,800

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. 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 high demand rental market. 21 units rented for $600 each makes for a heafty income not to mention there is a convention centre, restaurant, 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. Also under 943949 (id:52782)

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https://www.realtor.ca/real-estate/26072808/4963-angus-st-port-alberni-port-alberni