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11 bedrooms
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8 bathrooms
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4,936 sqft
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3,960 lot sqft
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built in 1912
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$7,613 taxes in 2024
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House
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R2987985
- 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!
Listed By: Prompton Real Estate Services Inc.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
Macdonald Realty
1575 Marine Drive, West Vancouver BC
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Full Site