$778,000
$784,900
0.9%For more information regarding the value of a property, please contact us for a free consultation.
516 Alder St S Campbell River, BC V9W 5W5
5 Beds
4 Baths
3,120 SqFt
Key Details
Sold Price $778,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $249
MLS Listing ID 994778
Sold Date 07/10/25
Style Ground Level Entry With Main Up
Bedrooms 5
Rental Info Unrestricted
Year Built 1980
Annual Tax Amount $5,934
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Single Family Detached
Property Description
South Alder large 5 bedroom 4 bathroom Revenue producing property. Investor alert. This large family home has been operated as a successful air bnb and produced strong income flow. Currently set up to rent 3 bedrooms up and shared living/cooking area with potential income of $1000 per month per bedroom. The large living/dining area has vaulted ceilings and large windows to soak in the ocean and mountain views. Downstairs are 2 additional suites. A 2 bedroom in law suite plus a studio style in law suite. Revenue of approximately $3000 monthly. Both suites have separate entrances and own laundry rooms. Many possibilities with this unique home. Live upstairs and have 2 revenue suites below. Great ocean views from the upstairs deck, the backyard is landscaped with a good sized vegetable garden and storage shed. Solar panels on the roof help with consumption charges. Lots of outside parking close to schools and on a bus route.Considering a strong revenue producing property. Look no further
Location
Province BC
County Campbell River, City Of
Area Cr Campbell River Central
Direction East
Rooms
Other Rooms Guest Accommodations
Basement Full
Main Level Bedrooms 3
Kitchen 3
Interior
Heating Baseboard, Electric
Cooling None
Fireplaces Number 2
Fireplaces Type Other
Fireplace 1
Laundry In Unit
Exterior
Exterior Feature Balcony/Deck, Low Maintenance Yard
Parking Features Driveway, Open
View Y/N 1
View Mountain(s), Ocean
Roof Type Other
Total Parking Spaces 4
Building
Lot Description Central Location
Building Description Frame Wood, Ground Level Entry With Main Up
Faces East
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
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Bought with RE/MAX Check Realty