Attractive Rental Income Property, Mexico

Attractive Rental Income Property, Mexico
Guanajuato Mexico
Property is Sold $550,000 - Hotels
523

This successful, income-generating residential complex is located in the heart of a tranquil neighborhood of colonial Guanajuato and consists of 2 houses and three apartment units situated on an urban lot with three garden areas, and numerous fruit trees: orange, mandarina, lemon, limes, sour pomegranates and others.

Main House: 2BR/2Bath, kitchen, dining room, living room with fireplace and 50,000 Btu gas log, entry hall and storage room. Private roof terrace plus small dining terrace off kitchen. Private entry from street, garden walkway, office, and laundry room on 2nd level facing main terrace. 3rd Bath (unfinished but plumbed)

Rear House: 3 medium-sized BR’s and 1 small BR / 2.5 Bath. Kitchen, living room, small dining room and large roof terrace with park view. Under the house is a workshop which could be expanded into an apartment or quarters for staff. There is a ‘roughed out’ steam room area – needs tile and steam boiler. 10,000 liter cistern.
Old Main unit: 1BR/1Bath, ample space, large living room, full kitchen, private small outside terrace.

Garden Apartment unit: Living/sleeping room, boasts queen-sized Murphy Bed, nice sized bath, dining area in lush garden patio. Private entrance from the street.

Upper Studio unit: 1BR/1Bath, sleeps 4. On two levels (2nd and 3rd floors). Level 1 has living room, kitchenette, and bath. Level 2 Sleeping area, with north facing balcony and larger sun terrace on south side.

Main Terrace: Large, open patio located between Old Main and office area. Terrace with working fountain.
Garage: Door leading to a single lane two-space parking. Street parking is preferred. The owner is in process of converting to a garden area with wall fountain.

Parking: In front of entry.

There is space for one more apartment should the next owner want to expand. Great property just a short fifteen minute walk to the heart of the city!

3 Parks nearby, plus language schools, private hospital and good restaurants.

Comes turn-key and includes dedicated website and listings on several other sites.

Average occupancy 50 – 60%, with growing repeat guests. Perfect for those looking to fund a new life.

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