Full Description: Real Estate in the Caribbean
4 apartment building in quiet location in Sosua Center in the Caribbean

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4 apartment building in quiet location for B&B business in Sosua Center


Country: Dominican Republic
City: Sosua


Living area :370 m², ft²): 3,983

Price: $229,000
Beds: 5
Baths: 4
Floors: 2

Lot Size: 416m²

Your location couldn't be any better for earning a solid income -- approximately US$ 1,300/month -- while enjoying a private and spacious living area, very close to all of Sosua's beaches and conveniences.

The serene tree-lined street, where this 2-and-a-half-story, perfectly maintained building sits, belies the commercial development, inside, with 3 existing apartments, and a possible fourth, turnkey ready.

You'll appreciate your new world, with a total of 4-6 bedrooms, 4 baths, 4 kitchens and 4 separate entrances, complete with options for customizing the space to your specific needs. Compact, yet bright and light, and easily managed, this is a 'win win' in realizing your Caribbean dream. Attractive additional features:

* Solar power with inverter
* Camera and electronic alarm

1,300 USD a month on rental income!

Rent 3 apartments out and live in the 4th.
If you add a nice pool ( 15,000 US $ )and doing some renovations this is the perfect property for a B & B business, because of it´s location. Every location in town can be reached within 5 walking minutes and the place is very quiet.

The house includes 4 apartments which are ideal for rental purposes.

The first floor consists of two 1-bedroom apartments, and the second floor also consists of two 1-bedroom apartments which can easily be turned into a 2-bedroom apartment and a studio apartment.

The property includes a mature garden with beautiful tropical plants, as well as the possibility to park on the property itself, which also has a small workshop.

This is an international neighborhood, and there are stores, restaurants, etc. nearby.

Sosua beach is only a 5-minutes walk away.

Lot Size: 416 m2, 4,476 sq. feet

INCOME 4 PLEX - Sosua

1x 2b/1b, 2x 1b/1b, 1x studio.

Shop and laundry area.

Enclosed yard and multiple parking.

TV cable, telephone with DSL internet, reserve water supply.

Excellent rental area 5 minute walk
to the beach, restaurants, bars, cafes and supermarkets.

Currently configured as a duplex with a 2 bed apartment on each floor and a roof level that could also be built on.
It could also be separated further into 2 one-bed apartments and 2 studio apartments.

Very convenient location in quiet part of Sosua town just 2 minutes walk into the center of Sosua, and a few minutes to the beach.

Home Features

Internet

Telephone

Balcony-Terrace

Cable/Satellite TV

Closed Parking

Fully Walled Property

Fully furnished

Internet available

Laundry Room

Pet friendly

Private Generator