About 516 Alder St S
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
Features of 516 Alder St S
| MLS® # | 994778 |
|---|---|
| Price | $784,900 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 3,120 |
| Acres | 0.18 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Active |
Community Information
| Address | 516 Alder St S |
|---|---|
| Area | CR Campbell River Central |
| City | Campbell River |
| County | Campbell River, City of |
| Province | BC |
| Postal Code | V9W 5W5 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Driveway, Open |
| View | Mountain(s), Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Other |
Exterior
| Exterior Features | Balcony/Deck, Low Maintenance Yard |
|---|---|
| Roof | Other |
| Construction | Frame Wood |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | April 9th, 2025 |
|---|---|
| Days on Market | 19 |
Listing Details
| Office | 2% Realty Pacific Coast Inc. |
|---|