House
11 Bedrooms
8 Bathrooms
Size: 4,936 sqft
Built in 1912
$4,450,000
About this House in Kitsilano
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!
Listed by Prompton Real Estate Services Inc./Rennie & Associates Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Jason Weinman for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®R3029285
- Bedrooms11
- Bathrooms8
- TypeHouse
- Size4,936 sqft
- Lot Size3,960 sqft
- Frontage33.00 ft
- Full Baths7
- Half Baths1
- ParkingOpen, Rear Access, Concrete (4)
- ViewEnglish bay from the top suite
- BasementNone
- Storeys3 storeys
- Year Built1912
- Taxes$7612.7
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More about Kitsilano, Vancouver West
Latitude: 49.2690272
Longitude: -123.1686605
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