5148 Mary St

Rarely does an opportunity like this come available! Nestled in a quiet North Alberni rural residential neighbourhood, this legal quadruplex offers a compelling combination of income potential, thoughtful updates, and a location that appeals to a wide range of tenants. Set on a spacious 0.35-acre corner lot, the property provides room for additional boat, RV, or vehicle parking while maintaining easy access to everyday conveniences. Over the past five years, all four units have been extensively renovated, creating comfortable and functional living spaces that tenants are proud to call home. The building includes one two-bedroom, one-bathroom unit and three one-bedroom, one-bathroom units. Each residence features spacious open-concept living, dining, and kitchen areas that support modern lifestyles, along with large bedrooms designed for comfort and flexibility. Practical improvements throughout the property add long-term value and convenience. Each unit is individually metered with separate hydro service, equipped with a newer hot water tank, and includes in-suite laundry. Vinyl thermal windows contribute to efficiency and comfort year-round. Outside, tenants enjoy their own newer deck with durable metal privacy fencing separating each outdoor space. A laneway-access carport provides four covered parking stalls, while the generous lot offers additional parking options rarely found in multi-family properties. Located just minutes from amenities, recreation facilities, restaurants, shopping, schools, and trails, the property also benefits from proximity to Naesgaard’s Farm & Market, a popular local destination. Excellent tenants are already in place, making this a strong investment opportunity from day one. Whether you are expanding your portfolio or seeking a well-maintained multi-family property in a desirable location, this quadruplex offers a compelling opportunity. Reach out any time to arrange your private viewing.