Turnkey 9 Unit Income Generating Apartment Building in Belize City

US $700,000
BZ $1,400,000

Location: Belize City, Belize
Listing ID: 146

Sold
Property Type: Investment Property

Description

Well-maintained turn-key apartment building available for immediate sale. This 9-unit apartment building with optional residential quarters on the third floor is an ideal investment opportunity in Belize real estate.

Owning an income property is always a wise investment for the long term. Access to recurring rental income offers long term investment security. This property was built in 2014 on a solid pile foundation. The first 2 floors consist of eight two-bedroom 1 bathroom, fully furnished apartments.

The third floor offers a residential area boasting elevated ceilings throughout and contains 4 bedrooms, 4 bathrooms, a kitchen with beautiful mahogany cabinets, an open concept dining and living room, and a laundry room. An internal stairway leads from the third floor to the second floor in the event of an emergency. The third floor also offers access to a rooftop terrace via a private staircase which is perfect for entertaining friends or for a weekend family BBQ.

This property is within walking distance to many business establishments, schools, and healthcare facilities. It sits in the heart of what is considered to be the future location of downtown Belize City.

The building is fully air-conditioned with a common laundry area for tenants. Entry to the access level is allowed only to tenants with keys to the security gate.

This is a great investment opportunity to own multiple income properties or live in one and rent out the others.

Property Attributes:

  • Eight 2-bedroom 1-bathroom units
  • Fully air-conditioned
  • Security gate restricts entry-level access
  • Shared laundry room for tenants
  • Third floor unit with 4 bedrooms 2 bathrooms
  • Mahogany kitchen cabinets
  • Elevated ceilings throughout
  • Third-floor rooftop access
  • Major utilities already on-site
  • Off-street parking
  • Separate utilities

    Address: Crown Cone Avenue
    City/Town/Village: Belize City
    District: Belize
    Neighborhood: Coral Grove
    Floors: 3
    Square Feet: 5,442
    Lot Size: 60 X 80 ft
    Filled: Yes
    Markers: Yes

Home Features

  • Air Conditioning
  • Alarm
  • Balcony
  • Cable/Satellite TV
  • Furnished
  • Tiled Floors
  • Washer/Dryer

Community Features

  • Bike Paths
  • Gas Station
  • Grocery/Hardware
  • High Speed Internet
  • Hotels
  • Municipal Power
  • Municipal Water
  • Paved Roads
  • Playground/Park
  • Public Transportation
  • Restaurants
  • Stores
  • Taxi

Location

Agent

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Daniel Matus

Owner/Broker

[email protected]

+501 615 5886

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