Exceptional Fourplex with Proven Income Potential
Versatile fourplex ideal for investors, multi-generational living, or owner-occupiers. Live in one unit while the others help offset your mortgage, or rent all four for steady cash flow. Over the past 10 years, renting just two units short-term has generated an average annual income of $62,000, highlighting strong earning potential.
The well-maintained building offers two upper units with three bedrooms and two bathrooms, plus two main-floor units with one bedroom and one bathroom. All units are fully self-contained with private exterior entrances. Shared laundry and storage rooms are located on both sides of the building.
Situated on a quiet, south-facing cul-de-sac with ocean views and close to walking trails. Located in Alert Bay, just a 45-minute ferry ride from Port McNeill, with essential services and a growing eco-tourism and cultural presence.
Data was last updated January 25, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
178
Avg list price:
$681,000
Min list price:
$70,000
Max list price:
$15,488,000
Avg days on market:
148
Min days on market:
1
Max days on market:
1,061
Avg price per sq.ft.:
$550.91
These statistics are generated based on the current listing's property type
and located in
Islands. Average values are
derived using median calculations. This data is not produced by the MLS® system.