2814 3rd Avenue W Vancouver BC V6K 1M7
$ 4,695,000
  11   |    8   |    4936 Sq Feet

Listing ID

#R2987985

Property Type

Single Family Residence

Neighborhood

Kitsilano

Year Built

1912

Days on website

36

Description
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!
Location
Financial Information
List Price:  $ 4695000
Property Features
Appliances:  Cooktop, Dishwasher, Microwave, Refrigerator, Washer/Dryer
Association YN:  false
Carport YN:  false
Does the property include a fireplace.:  true
Exterior Features:  Balcony, Garden
Fireplace Features:  Gas
Heating:  Forced Air
Interior Features:  Storage
Laundry Features:  Common Area
Lot Features:  Central Location, Cul-De-Sac, Recreation Nearby
Open Parking YN:  true
Other Structures:  Shed(s)
Parking Features:  Concrete, Open, Rear Access
The property has a view.:  true
The property has heating.:  true
The property is on the waterfront.:  false
Window Features:  Window Coverings
Listed By:     Prompton Real Estate Services Inc.