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Property at 2814 W 3RD AVENUE image 1
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50

$4,450,000

2814 W 3RD AVENUE
Vancouver, British Columbia, British Columbia, V6K1M7

MLS® Number: R3029285
Listed 5 days ago
11 8

Property 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!

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Land information

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Courtesy of Prompton Real Estate Services Inc.

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