$4,450,000
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!
Listed by Prompton Real Estate Services Inc./Rennie & Associates Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of John Kemp 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.
| Type: | House |
| Bedrooms: | 11 |
| Bathrooms: | 8 |
| Square Feet: | 4,936 sqft |
| Lot Size: | 3,960 sqft |
| Frontage: | 33.00 ft |
| Full Baths: | 7 |
| Half Baths: | 1 |
| Taxes: | $7612.7 |
| Parking: | Open, Rear Access, Concrete (4) |
| View: | English bay from the top suite |
| Basement: | None |
| Storeys: | 3 storeys |
| Year Built: | 1912 |
