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2814 3rd Avenue W Vancouver BC V6K 1M7
Price $ 4,695,000
Listing ID R2987985
Property Type Single Family Residence
Neighborhood Kitsilano
Beds 11
Baths 8
House Size 4936
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. 
Kitchen with freestanding refrigerator, backsplash, a breakfast bar area, dishwasher, and a sink Kitchen with light countertops, appliances with stainless steel finishes, light wood-style floors, wine cooler, and backsplash Kitchen with wine cooler, light countertops, light wood-style floors, and stainless steel appliances Living room featuring light wood-style floors, baseboards, and visible vents