House for sale in Pichincha | Quito | El Pintado, ALBERTO ORELLANA Y AV MICHELENA, 552 m²

Pichincha | Quito | El Pintado, Pichincha

House

USD 198,000

• 6 bedrooms
• 8 bathrooms
• 552 sqm

Income-Generating Property for Sale – La Michelena | 6 Apartments + 2 Commercial Spaces INVESTMENT OPPORTUNITY IN THE EL PINTADO SECTOR Invest in a property located in the La Michelena sector, south of Quito, a consolidated area with significant commercial activity and excellent connectivity to different sectors of the city. The area has shops, services, educational institutions, financial entities, and public transportation, elements that favor both commercial activity and the demand for rental housing. The property features: * 5 Three-bedroom apartments * 1 mini apartment* 2 commercial spaces* 552 m² of construction* 250 m² of land* Current income: $1,320 monthly* Approximate gross profitability: 8% annual* Documentation up to date* No garage* 3 stories A property to generate income from day one. The apartments and commercial spaces are currently generating income, so the buyer acquires a property with active rental returns, rather than starting from zero seeking tenants. Strategic Location * La Michelena sector – Atahualpa-La Magdalena parish In the surrounding area you will find: • Educational institutions and training centers. • Commerce and everyday services. • Supermarkets…