Investor opportunity in a prime residential area on a great block. This three-level property produces approx. $100K annual NOI with an estimated 5% cap rate, or live in the main unit and collect about $70K rent from other units. Income setup includes: $2,500 main unit (incl. garage), $2,100 upper (tenanted), plus $1,350, $1,000, and $900 units all rented, and $350 from the garage/workshop. Enjoy a top-floor deck with mountain views, shared coin laundry, bike storage, and a charming backyard. Ideally located near Commercial Drive, transit, shopping, and recreation. Tenanted units 48 Hours Notice. Open House Sun, May 31, 12:00 - 1:30 pmMore details
Turnkey 6-unit multifamily investment on a 27,355 sf corner lot in Powell River. Spacious 3 bedroom, 2 storey rowhome style units with 1,250 sf each, all fully tenanted and generating $7,715 monthly with prof. management, offering low maintenance, hands off ownership. Approx. 8,000 sf of excess land underutilized, with preliminary support from the City of Powell River Planning dept rezoning from RM2 to RM4 - creating opportunity for future density. INCOME TODAY & DEVELOPMENT TOMORROW. Call LRMore details
Data was last updated June 3, 2026 at 04:35 PM (UTC)
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