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2814 W 3rd Avenue Vancouver, British Columbia V6K 1M7

11 Bedroom 8 Bathroom 4936 sqft
Fireplace Forced Air Garden Area

$4,695,000

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:58426)

Property Details

MLS® Number R2987985
Property Type Single Family
Neigbourhood West Point Grey
AmenitiesNearBy Recreation, Shopping
Features Central Location, Cul-de-sac
ParkingSpaceTotal 4
StorageType Storage Shed
ViewType View

Building

BathroomTotal 8
BedroomsTotal 11
Amenities Shared Laundry
Appliances All
ConstructedDate 1912
ConstructionStyleAttachment Detached
FireProtection Smoke Detectors, Sprinkler System-fire
FireplacePresent Yes
FireplaceTotal 7
Fixture Drapes/window Coverings
HeatingType Forced Air
SizeInterior 4936 Sqft
Type House

Land

Acreage No
LandAmenities Recreation, Shopping
LandscapeFeatures Garden Area
SizeFrontage 33 Ft
SizeIrregular 3960
SizeTotal 3960 Sqft
SizeTotalText 3960 Sqft

https://www.realtor.ca/real-estate/28139702/2814-w-3rd-avenue-vancouver

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Brian Higgins
Personal Real Estate Corporation, YVR Global Team


Prompton Real Estate Services Inc.
#201 - 179 Davie Street
Vancouver, British Columbia V6Z 2Y1

Mohsen Esfahani
ESRE Team


Rennie & Associates Realty Ltd.
#110 - 1650 West 1st Avenue
Vancouver, British Columbia V6J 1G1