Property ID : 14492
For Sale, Sold [SOLD] - House, Income Properties, Investments
Two Unit Apartment Building for Sale
This two unit apartment building for sale is located in a quiet sub-division only a few minute drive to Robinson’s Mall and the Dumaguete City core. Each rental unit has 2 bedrooms and 1 comfort room and open style living , kitchen and dining areas. All bedrooms except 1 are equipped with split type aircons. There is a nice little landscaped area on the ground floor and on the top floor there is a both a front and rear patio terrace. Both units have a dirty kitchen. The property is fenced and gated with a 2 car carport,a nd there is also a small outbuilding than can be used for a maids quarters or storage.
Currently the owner lives in one unit and rents out the other for 17,000 pesos per month, however real rental market value for thiese units is around 20,000 php/month. At property market value rents this property can achieve a return on investment of just under 10% per year.
Two Unit Apartment Building For Sale Details:
- Floor Area: 140sqm
- Lot Area: 340sqm
- Location: Bagacay, Dumaguete City
- Price Php 5,700,000.00. Transfer costs split 50/50
- furniture included