Ojo de Agua - SMA4364

  • USD 329,000
For Sale
Camino Real Xichú 7B, 7C, Guanajuato, San Miguel de Allende, 37777, Ojo de Agua
  • 3
  • Bed
  • 4
  • Bath
  • 195
  • Cons. m²
  • 116
  • Lot
  • 2004
  • Year Built
Featured For Sale

Overview

Property ID: SMA4364

Description

“great as a single-family dwelling or duplex”

Welcome to a wonderfully sunny & charming home in the popular neighborhood of Ojo de Agua & Valle del Maiz. This unique investment property is now on the market as a 2 level income-producing duplex or a spacious light single-family dwelling, located on Camino Real Xichú.

Lot size: 116 sq m (1,200 sq feet);

finished construction: 195 sq m (2,098 sq feet).

Characteristics: 3 bedrooms and service quarter, 4 baths, 2 units total.

 

1st Floor apartment:

This homey, warm 1 Bed / 2 Bath apartment includes a large cook’s kitchen with an open dining/ living area with french doors looking out to a lushly plant-filled patio perfect for enjoying your morning coffee. It also includes a service quarter with one of the full bathrooms besides it.

2nd Floor apartment:

This spacious 2 bed, 2 bath apartment has a welcoming and open floor plan with lots of light. The kitchen/ living /dining area opens to a private balcony. The apartment has access to the full roof patio that is perfect for entertaining with a BBQ, kitchen sink, and another full bath.

Bonus Space: 3rd. Floor Terrace, additional apartment option:

There is a 3rd-floor terrace that can be completed as an additional third apartment, thereby creating additional income.

This property can easily be updated and rents raised immediately. The owner has had this property for nearly 20 years and has been renting the units for almost all this time. We have good rent records. So this is a tremendous opportunity that may present a cap rate/return of investment of somewhere between 4% -6% for investors.

  • Address Camino Real Xichú 7B, 7C
  • City San Miguel de Allende
  • State Guanajuato
  • Zip/Postal Code 37777
  • Area Ojo de Agua
  • Country Mexico

Details

  • Property ID: SMA4364
  • Price: 329,000
  • Property Type: Residential
  • Property Status: For Sale
  • Year Built: 2004
  • Construction m²: 195
  • Lot Size m²: 116
  • Bedrooms: 3
  • Bathrooms: 4

Features

  • Clothes Washer
  • Stove
  • Refrigerator
  • Separate Laundry
  • Bodega
  • Municipal Water
  • 110v Electrical
  • Municipal Sewer
  • Tinaco(s)
  • Aljibe/Cistern

Inquire About This Property

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