About this House
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..
Listing Features
- MLS®: R3029285
- 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
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Hossein Pejman 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.
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Listing Location & Walkscore
