About 2814 W 3rd Avenue
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!
Features of 2814 W 3rd Avenue
| MLS® # | R3029285 |
|---|---|
| Price | $4,450,000 |
| Bedrooms | 11 |
| Bathrooms | 8.00 |
| Full Baths | 7 |
| Half Baths | 1 |
| Square Footage | 4,936 |
| Acres | 0.09 |
| Year Built | 1912 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
| Title To Land | Freehold NonStrata |
Community Information
| Address | 2814 W 3rd Avenue |
|---|---|
| Area | Vancouver West |
| Subdivision | Kitsilano |
| City | Vancouver |
| Province | BC |
| Postal Code | V6K 1M7 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Open, Rear Access, Concrete |
| View | English Bay from the Top Suite |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage |
|---|---|
| Appliances | Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave |
| Heating | Forced Air |
| Fireplace | Yes |
| # of Fireplaces | 7 |
| Fireplaces | Gas |
| # of Stories | 3 |
| Stories | Three Or More |
| Heating | Forced Air |
Exterior
| Exterior Features | Garden, Balcony |
|---|---|
| Lot Description | Central Location, Cul-De-Sac, Recreation Nearby |
| Windows | Window Coverings |
| Construction | Frame Wood, Glass (Exterior), Wood Siding |
Additional Information
| Days on Website | 86 |
|---|---|
| Site influences | Central Location, Cul-De-Sac, Recreation Nearby |
| Taxes | $7,612.70 |
| Area | 3,960.00 Sq. Ft. |
| Frontage | 33.00 |
| Depth | 33 x |
Listing Details
| Office | Prompton Real Estate Services Inc. |
|---|