House for sale in Pichincha | Quito | Sur de Quito, GENERAL PAYA 88, Santa Lucia, 582 m²
Pichincha | Quito | Sur de Quito, Pichincha
House
USD 149,000
- 7 bedrooms
- 582 sqm
Title Income-generating property with six units in Santa Lucía Baja · commercial space and parking · USD 149,000 Description I present a consolidated income-generating property located in Santa Lucía Baja, La Libertad parish, in the center-south of Quito. It is fully rented and generates gross monthly income of USD 1,390. The Numbers Data Value | Price USD 149,000 | Gross monthly income USD 1,390 | Gross annual income USD 16,680 | Gross annual return 11.2% | Price per m² built approx. USD 256 The return is gross: it does not deduct property tax, maintenance, vacancy, or administration. The Property. Land area of 420 m² according to deed, with 582.85 m² of built construction. Includes: Three three-bedroom residences: one apartment on the third floor, one two-story house, and one rear two-story house. Three two-bedroom apartments. One commercial space at the front. Parking for four cars and two motorcycles. Potable water, electricity, and sewage system. Rental Income by Unit. Residences from USD 150 to 200, commercial space USD 200, and parking USD 180 total. These are rents declared by the owner, and contracts are reviewed in the file. Who This Makes Sense For. For an investor seek…
