Business/Hotel

This is a great opportunity , good rental income close to everything

DRL# 5320
Sosua, Dominican Republic
$245,000 USD  
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments
Fixer Upper Building With 7 Apartments

THIS LISTING IS SOLD

Property Description

Great business opportunity.
Large Villa with separate secondary villa .Combined, makes total of 7 apartments (2 are studios)
Each in need of some updating/ renovations (quoted price below)
Very good locations only 4 min. walk to the beach (1000 feet)
Extremely easy to rent .
Ground floor has 1 owner apartment with 2 bedrooms, 2 bathrooms, large dining room with kitchen, open terrace + 1 extra bedroom with separate entrance and large garage.
Second floor has 3 apartments, each having a living room, kitchen, bedroom, and bathroom.
There is a separate building with 2 studios with kitchen and bathroom.
Garden area has various fruit trees and enough space to build a nice swimming pool.
Quotes estimated in USA funds
Previous quotes for Renovation costs (including new furniture, fridge, stove, A/C.) are approximately $75,000 USD to make this property modern and top notch.
To add a med size pool is approximately $15,000
18 min drive to airport
When you view the property we can provide the details of renovation quotes .
Bill@drlistings.com




Bedrooms: 8Bathrooms: 8
Levels: 2Lot Size: 1000 m2
Ocean View: YESMountain View: YES
Green View: YESFurnished: YES




Real estate agent





listings on DRListings.com

Information About Sosua

Sosúa is a small town in the Puerto Plata province of the Dominican Republic. Located approximately 4 miles (6.4 km) from the Puerto Plata International Airport (POP), the town is accessed primarily by Camino Cinco, or Highway 5, which runs much of the length of the country's North coastline.

Source: Sosúa Wikipedia page