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Other

For Sale

$170,600 ML

Corozal Town

(Corozal Town, Corozal, BZ)

4 Unit Apartment Building in Corozal Town

Estimated Mortgage$981/month
9Beds
5Baths
"IDEALLY LOCATED INCOME PROPERTY” – This 4-apartment building presents a great opportunity for someone looking for a residence with income generating opportunities. This structure is strongly built and is at a great location.\r\n \r\nProperty Highlights\r\nLooking for an investment with a good stable income in an area of rental demand? This great commercial property features 4 spacious apartments that can house large families. The entire 2 story is fully tiled and features hardwood cabinets and concrete/tile countertops. The yard is neatly kept and also has tropical fruit trees. The trees on site are avocado, plantain, mango, Chinese apple and tamarind. Enjoy fresh fruit year round.\r\nThe yard has a perimeter concrete fence with a metal gate at the front opening to a concrete base which serves as a parking for a single vehicle. On site there are also 2 water tanks of 1150 liters each. This building was constructed in 2010 and is strongly built.  These apartments are in good rentable condition with minimum upkeep and present a good investment for years to come.\r\n \r\nMain Building:\r\nThis 2 story structure is fully concrete with 1127 Sq. Ft. of space on the ground floor and 1276 Sq. Ft. on the second floor.  Construction is concrete. Roof is zinc with wooden rafters. The layout of the building provides for ample natural sunlight and great ventilation by the Caribbean Sea breezes. Both ground and second floors are divided into 2 apartments respectively. Both floors are fully tiled.\r\nThe apartments on the ground floor feature hardwood cabinets and doors. Each of these apartments have 2 beds and 1 bath. The bathrooms have concrete with tile counters and are neatly tiled in the shower area as well giving a fancy appeal.\r\nThe apartments upstairs have 3 beds / 2 bath and 2 beds/ 1 bath respectively. The rooms are nicely painted. The larger apartment is to the south of the building which faces the street. This particular apartment also enjoys the verandah with views of the town. Both these apartments have hardwood cabinets installed and concrete countertops.\r\nThe smaller apartment to the rear has a small concrete/tiled island in the kitchen. This apartment also has built-in cabinets in each of the rooms.  This rear apartment also enjoys of a window A/C unit for cooling. On demand hot water is available for the entire upstairs only. The exterior windows of the building are aluminum louvres secured with metal burglar bars. The verandah upstairs on the front side of the building has 110 sq. ft of tiled space and is decorated with concrete banisters. Here you can view the Caribbean sunrise or chill at evening times and watch the starry night as the town unwinds. The second floor is accessed via a concrete and metal stairway. All utilities are available. Three of the apartments currently have tenants and the upstairs, front apartment is vacant but is ready for occupants.\r\n \r\nHome Features:\r\n\r\nConcrete with zinc & wood roof\r\n4 spacious apartments\r\nGround floor layout - Apt #1: 2 beds/1 bath,  Apt #2: 2 beds/1 bath\r\n2nd floor layout – Front Apt.: 3 beds/2 baths, rear Apt.: 2 beds/1bath\r\nCable TV and Internet\r\nWater and Electricity available\r\nFloors are fully tiled\r\nFront veranda overlooking street\r\nParking space for single vehicle\r\nHot water available for upstairs\r\nUpstairs rear room has window A/C unit\r\nAbundant storage space (kitchen cabinets/large pot drawers) and pantry.\r\nDoors and cabinets are Belizean hardwood made\r\nAluminum louvre windows\r\nBurglar bars on windows\r\nMetal security door on second floor entrances.\r\nMature fruit trees\r\n2 rainwater Rotoplast tanks, 1100 Liters each\r\n\r\n \r\nHouse Area:\r\n\r\nGround floor - 1127 sq. ft.\r\nSecond floor – 1276 sq. ft.\r\nVeranda - 110 sq. ft.\r\nTotal – 2,513 sq. ft.\r\n\r\n \r\nProperty Highlights:\r\n\r\n80 ft wide x 120 ft long (80 ft road frontage)\r\n9600 Sq. Ft. (0.22 Acre)\r\nPerimeter concrete fence with metal gate\r\n12 minutes drive to the Chetumal, Mexico border\r\n1 minute from Downtown Corozal\r\nLandscaped with fruit trees\r\nThe property is rectangular.\r\n\r\n \r\nNotes:\r\n\r\nMunicipal Property taxes are approximately US$150 per year\r\nFeatures are believed to be accurate\r\nBuyer should verify to their satisfaction\r\nClosing costs, including stamp duty are the responsibility of the Buyer\r\n\n
Information is deemed to be correct but not guaranteed.
RE/MAX Property Center
Veronica  Cal
Veronica Cal

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