Property ID : RD
For Sale $575,000 - Business & Commercial, Featured Properties
Income generating concrete triplex in the peaceful San Pablo residential area, located approximately 1.5 miles South of San Pedro Town center. Lot property sits on measures 50 Ft. X 75 Ft. This entire building measures a total of 7, 300 square feet in size. Annual property tax is only US$400.
Property consists of 16 apartments and one large commercial space.
The lower level is a large commercial space measuring a total of 1,344 square feet (32 X42). This space is currently leased to Island Pool Supply.
The second floor consists of 8 studio style apartments. Each unit has a private tiled bathroom, shower, bed and ceiling fan.
The third floor consists of an additional 8 studio style apartments. All units on this level also have a private tiled bathroom, shower, bed and ceiling fan.
All halls and floors on the second and third floor level are tiled. The entire building and all rooms are wired for cable T.V. and internet. This entire building conforms to all local building, electrical and plumbing codes.
This property is ideal for investment purposes and is truly a turnkey opportunity that pays for itself. Live the dream and get paid a nice annual return of up to 12% Gross Income! Units are always rented with a waiting list, this is truly a great Investment. Located only a short commute to San Pedro Town (only a minute walk from shops, school, restaurants, beaches and bars).
Great income opportunity, inclusions: all existing electrical light fixtures & all existing window coverings. All existing furniture, etc.…..
Serious inquires only! Please call or e-mail to schedule an appointment for viewing.
Well priced at US $575,000.00