Ocean Front Rental Income Property, Bay Islands

Ocean Front Rental Income Property, Bay Islands
Central America, Honduras, Bay Islands
For Sale $599,000 USD - Houses
783 3 Rooms 3 Bathrooms

This charming upscale oceanfront home with rental Units is located on on Utila, Bay Islands.

MAIN HOME: Has 3 bedrooms, 3 full baths, a beautiful large kitchen with hardwood cabinets, large living room with dining area, with 2 spacious front porches. A huge back porch extends across the back of the house with a breath-taking view of the sea making it an ideal spot to sit in comfort and enjoy the boating activities and unparalleled sunsets, or just for casual dining and relaxing.

RENTAL UNITS: This compound has an excellent rental history, primarily due to the location of being walking distance to town, while renters can still enjoy basking in the warm Caribbean sun, swimming, and snorkeling right of the dock. There are 3 rental units available:

1) Next to the 80 ft. dock is a 2-bedroom over-the-water cottage, a very popular vacation rental unit.

2 and 3) On the first floor of the main house are two upscale two-bedroom, 2 bath apartments with full kitchens. These units can be rented as 2 bedroom apartments, or there is a lock off door so they can be rented as 1 bedrooms with separate hotel room.

These units are designed so they can be managed by the Buyer OR should the Buyer choose, there is a an excellent management team currently handling the property who they could continue with.

AMENITIES: The main house and all the rental units are fully furnished, air-conditioned, with ceiling fans, cable TV, wireless internet, hot water, and full baths. Plenty of closets and storage space throughout. There are two bodegas, washer, dryer, separate bathroom with shower, generator and plenty of storage.

GROUNDS: The property is surrounded by lush tropical flowering foliage, palms, and fruit trees until meeting the sea.

UTILITIES: Water is supplied from town, and there are two large water cisterns and an additional 2500 liter water tank to store water as needed as well as municipality water from the new 200,000 gallon-a-day desalination facility. Electrical power is supplied 24 hours a day, 7 days a week with few interruptions of service.

ACTIVITIES: A variety of island activities including swimming, snorkeling, SCUBA diving, shopping, dining, nightlife, hiking, horseback riding, schools, churches, and more are all within walking distance.

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