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.
Separate Laundry Room with Washer and Dryer
Ceramic Tile Throughout
Belizean Harwood Trim,Moldings and Cabinets
Central Air Conditioning
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.
Furniture / Fixtures value:
$100,000 (included in the asking price)
$400,000 Down and carry $225,000 for 5 years at 10% interest
Owner financing is available. Please contact the seller for more information.
Reasons for selling:
Building a new home
Competition / Market:
None in the immediate area
A third floor could be added to the building
Size in square feet:
4300 square feet
1/2 south of San Pedro Town on Ambergris Caye Belize
Three Bedroom 2 Bath home
Real Property Included