FIRST FLOOR INCOME $30,000 ANUALLY!



Originally constructed in 2002, this wonderful home was completely remodeled in 2007 and the apartments were remodeled in 2008. This home is located just a 10 minute stroll from downtown San Pedro in a quiet mixed residential and small business neighborhood.





The main house is located on the second floor and is approximately 2150 square feet.



3 Bedrooms



2 Baths



Separate Laundry Room with Washer and Dryer



Ceramic Tile Throughout



Belizean Harwood Trim,Moldings and Cabinets



Central Air Conditioning



Security Bars



Ceiling Fans in Every Room



Side by Side Refrigerator with Ice and Water in Door



Built in Microwave



Extremely Large Deck for Entertaining



Super Sized Closets



Built in Shelving



There are two 1 bedroom apartments on the ground floor in the rear of the building. Each apartment is fully furnished with gas stove, refrigerator, color television, microwave, coffee pot, can opener and basic kitchenware.



The apartments are air conditioned with ceiling fans in each room, blinds and drapes.



The apartments rent long term for $500.00 per month each.



There is a 1000 square foot retail space on the ground floor fronting the road. Currently the space is leased for a Fashion Boutique at a rate of $1,500.00 per month.



The space is tiled, air conditioned, commercial ceiling and lighting.



Continue to lease the space or use it to open your own home based business.



The roof was reinforced in 2010 to include double joists with double hurricane strapping. Hurricane shutters were also added to all of the upstairs windows.


Property information

Size in square feet: 4300 square feet
Location: 1/2 south of San Pedro Town on Ambergris Caye Belize
Living accommodation: Three Bedroom 2 Bath home
Real Estate: Real Property Included

Business Operation

Years established: 3
Reasons for selling: Building a new home
Competition / Market: None in the immediate area
Expansion potential: A third floor could be added to the building

Other information

Furniture / Fixtures value: $100,000 (included in the asking price)
Financing available: $400,000 Down and carry $225,000 for 5 years at 10% interest
Owner financing: Owner financing is available. Please contact the seller for more information.
Price:
$625,000
Cash flow:
$0 - $250,000
Revenue:
$30,000
Seller financial available: Yes
Work from home: N/A
Franchise: No
Year established: 3
Date: Wed 19 Jan 2011

Contact seller
Location: Belize
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