2814 3rd Avenue - MLS® # R2987985
- Property Value $4,695,000
- Living Area 4,936 sq ft.
- Bedrooms 11
- Bathrooms 8
- Lot Size Area 3960.0 sqft
- Taxes $7,612
- Type Single Family Residence
- Basement None
- Year Built 1912
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!
2814 3rd Avenue, Vancouver
Listing Provided By
Prompton Real Estate Services Inc.
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