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Income Generating Apartment Building, Mahogany Street, Belize City

BZ$ 495,000

Income Generating Apartment Building, Mahogany Street, Belize City

Cor. Mahognay Street & Flamboyant Street,

Property Details

Property Id : 632
Price: BZ$ 495,000
Property Size: 2,500.00 ft2
Markers: No
District: Belize
Floors: 2
Lot Size: 50' X 75'
Filled: Yes

Description

Description

Opportunity exists to own a 6 unit, income generating apartment building located at the corner of Mahogany and Flamboyant street. Consisting of two levels, there are currently 3 apartments on each level of which all have 2 bedrooms, 1 bath, living, dining and a half kitchen area. There are two access points on each side of the building which lead directly up to the second level.

This unit is in close proximity to grocery stores, major hospitals and restaurants. Belize district has many tourist attractions and a variety of recreational activities. Attractions include Cave Kayaking or Tubing tours, Coral Garden Shark and Sting Ray Alley Snorkeling, and the Altun Ha Mayan Ruin. Popular restaurants in Belize City are Chef Roger/Lebanese Cuisine and Shisha, Midtown Restaurant & Bar, Celebrity Restaurant & Bar and Mimi’s Bistro.

Property Attributes:

  • Building is built on pile foundation
  • Located on Mahogany Street which leads to Central American Blvd
  • Grocery stores, hardware stores and restaurants are walking distance from this building
  • Belize Family Life Association (BFLA) located just 4 blocks away
  • Police Sub-Station located a mere 285 ft. away from the building
  • Light and water accessible
  • All units are fully occupied
  • Turnkey investment

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Daniel R. Matus