Excellent Investment Opportunity - Multiple Income Stream Property

Riobamba, Riobamba, Chimborazo, Ecuador

Basic Listing Information

Price
$380,000
Listing ID
CS2100091
Property Type
Multi Unit Building
Listing Type
Commercial Sale
Status
Active
Images
24
Beds/Baths
13/8
Location Type
Mountain
View Type
City View
Total Lot Size
200.00 m² (2,152.77 sq ft)
Total Interior Area
1,000.00 m² (10,763.87 sq ft)

Contact Information

Amy Prisco
Amy Prisco
Agency
Amy Prisco Agency ~ Real Estate Services in Ecuador
Agent
Amy Prisco
Phone
+1 646-396-1026
Cell Phone
+593-9-67-043-050
Office Phone
+593-96-704-3050
Email
amy@amyprisco.com
Website
http://AmyPrisco.com

4-story income-producing building for sale in the heart of Riobamba. Located all of one block from Av. Daniel León Borja (the main boulevard) in a great residential and commercial area of the city. There are two commercial locations on-premises on the ground floor each with their own half-bathroom. 2 apartments on the first floor 2 apartments on the second floor 1 apartment on the third floor 3 Suites (1 Bedroom with bathroom) on the third floor The third floor terrace has a laundry area, a kitchen and bathroom for meetings. The building has its own water cistern plus two pumps and an elevated tank for water pressure, in addition to Calefon system for hot water. The commercial spots currently rent for $300 each; prior to the pandemic they rented for $500. The third-floor Suites rent on a temporary basis for $250/month. The larger apartments are family-occupied but could generate approximately $500-600 each per month.

Details

Number of Bedrooms
13
Number of Full Bathrooms
8
Total Interior Area
1,000.00 m² (10,763.87 sq ft)
Total Lot Size
200.00 m² (2,152.77 sq ft)
Number of Stories
4
Roof Type
Concrete Flat Roof
Floor Covering
Tile
Construction Type
Concrete
Construction Status
Completed
Year Built
1980
Year Remodelled
2018
Air Condition & Heating
No
Furnished Type
Fully
Pool
No
Jacuzzi
No
Parking
No

Geography

Location
Riobamba, Riobamba, Chimborazo, Ecuador
Country
Ecuador
State
Chimborazo
County
Riobamba
City/Town
Riobamba
Location Type
Mountain
Geographic Type
Highlands
View Type
City View

Features

Interior Features Included
Gourmet Kitchen, Great Room, Marble/Granite Countertop, Natural Wood Finishing, Recessed Lighting, Separate Dining Room, Washer/Dryer Hookup, Water Heater
Security Features
Intercom

Infrastructure

Street Access Type
Paved Road
Type of Water
City Water
Type of Electricity
Public
Type of Sewer
Public
Type of Internet
Cable Internet, DSL Internet
Type of Television
Cable Television, Satellite Television

Financial/Legal

Price per Air-Conditionable Living Area
$380.00/m2 ($35.30/sqft)
Price per Square Meter
$1,900.00/m2 ($176.52/sqft)
List Price
$380,000
Ownership Type
Escritura Public

Listing Images