Today number of views: 2
Date created: 10.11.2022 19:38:45
- Listing ID:
- Property type:
- Sosua, Calle Nicaragua
- $ 189000 Sale
Tucked away in a quiet cul-de-sac you will find these two apartment blocks and a swimming pool.
Each building consists of two studio apartments, with each studio measuring approximately 36m2.
The apartments stand on around 700m2 of land that includes a swimming pool.
This rare opportunity would perfectly suit someone looking to live in one of the units while renting the other three out. Average long-term rentals are around $450 per month.
One of the studio apartments includes a loft with room for a double bed that gives more space in the main living area, while the other three studio apartments are ready for a makeover that would in turn increase rental yields.
A prospective buyer will eventually be required to re-route the existing black water and septic system to the main sewer (something that has already been done with the property next door) or install a new independent septic system but the work would not affect the occupation of the apartments and does not need to be immediate. A new entrance gate will also need to be installed.
This property represents an excellent opportunity for someone that enjoys a little DIY and decorating that is looking for a place to call home that will generate a good flow of income.
Currently one of the apartments has a very long-term renter while two of the others have seasonal renters hoping to stay for the season. They are generating around $1200 per month in total for the owner. At maximum occupancy, the units are currently generating over $1700 per month.
Call or WhatsApp 809 516 8903 to arrange a viewing.
- 2 floor 4 Baths
- Building Size:
- 144 m2
- Courtyard or pool view
- What is near?:
- Sosua centre, shops, beaches
- Bedrooms :