Income Property with a Modern Mexican Touch
Excellent location, 3 blocks away from the Carretera, bike lane, and bus stop.
10 minutes or less walking distance to all essential services. 15 min. walk to the Hospital. 3 blocks from the Lake. Small patio/ Xeriscaping Garden area with mature cactus, pool, hot tub, and ample space to enjoy with friends or family. City water and septic.
A perfect rental property location! Currently rents on Airbnb
The 3-story property has Four independent units, three 1 bedroom, 1 bath apartments with a kitchenette, and an independent bedroom with a full bathroom. 2 units are located on the lower floor, 1 unit is located on the second floor and the 4th unit is on the third floor. The apartment building also offers a rooftop terrace with a view of the mountains and Lake Chapala.
Each apartment unit has an income possibility of $600 USD or more on a monthly basis. Total rental income of $2,200 USD monthly. Net monthly income from the apartment units comes to around $1,900 USD monthly. Net monthly includes annual property taxes and annual water bills.
Very well kept, clean, and in working order!