Turnkey investment opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem! (id:4069)
Address
2814 W 3RD AVENUE
List Price
$4,695,000
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Vancouver
Bedrooms
11
Bathrooms
8
Floor Area
4,936 Sq. Ft.
Lot Size
3960 Sq. Ft.
Year Built
1912
MLS® Number
R2987985
Listing Brokerage
Prompton Real Estate Services Inc.
| Rennie & Associates Realty Ltd.
Postal Code
V6K1M7
Site Influences
Recreation, Shopping, View
Features
Central location, Cul-de-sac
Amenities
Shared Laundry
