Historic District Furnished Apartments

MLS ID:

Historic District Furnished Apartments

Listing Date:

Oct 03, 2008

Property Type:

Home

City:

Merida

State:

Yucatan

Postal Code:

97000

Bedrooms:

3

Bathrooms:

3

Stories:

2

Living Area:

1,884 Sq. Ft.

Lot Size:

1,361 Sq. Ft.

Price:

$97,000
Here’s an investment opportunity that you won’t want to miss! Located close to the historic downtown, originally a high-ceilinged colonial on a traditional street in the Santana area, it has been divided into two income-earning apartments. (Tourist rental has previously brought $1,200 a month; $650 for the downstairs apartment, $550 for upstairs, and the owner tells us that repeat customers are available and waiting for this winter!) The lower apartment has a living room, dining room, kitchen, and bedroom off the back with a small garden. An interesting bonus feature is the middle room that will make a great TV, lounging, study, entertainment area, with a spiral staircase that leads to a “suite” upstairs consisting of bedroom, bath, and cozy reading loft. The upstairs apartment consists of a combination living/dining area, a kitchen, and a bedroom with bath. All furniture pictured is included, so come down and live in the lower apartment, rent out the upstairs, and enjoy some income. Or just use the top apartment for an occasional pied-a-terre, and rent out the lower apartment. Buy it now, live off the rental income for a few years, and then restore it to its original high ceilings and live in style in a great area! With a bank trust already in place, this will be a cheaper and faster closing.
  Good Neighborhood  

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