No Vacancy Fourplex, Meticulously maintained 4-Unit
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No Vacancy! This four-plex apartment is always full with great scuba dive staff all year-round. When one tenant moves out, another moves in. You'd love to generate income while living on a Caribbean island wouldn't you? With these apartments, you can sit back & enjoy Island Life and the long-term rentals take care of themselves. Set in a tranquil, centrally located neighborhood, one short block north & you're at the apartments. Perhaps you want to outfit one apartment for yourself & live in paradise, and still have 3 rentals to generate income? Want to increase your income? Just a few upgrades will turn this commercial property into a lucrative weekly rental. The proximity to town and Utila's hopping scuba industry makes this rental THE location you want.
Current Price: $246,000
Begin Date: 2021-03-09
List Price: $246,000
Business Name: Fourplex Apts.
General Property Features
Access Type: Paved
Lot Acres: 0.11
Lot Dimensions: 75 ft x 62 ft approx.
Beach Access: No
General Views: La Loma neighborhood
Property Name: Meticulously maintained 4-Unit
Subdivision: La Loma
Street Name: No Vacancy Fourplex
Remarks and Directions
Directions: Head up Mamey Lane, take the first right, then the first left and the apartments will be on your left.
Hot Sheet Comment: new
Each unit has a separate meter for electricity, pre-paid by the tenants. Hot water is set on a timer for the entire complex and internet service is included. Recent upgrades to the building include a new roof and awnings, exterior and interior paint. A fully fenced-in property allows privacy for your tenants. Power goes out, no problem. Each unit has a separate electrical meter but in the event there is a power outage a separately housed generator provides back up power to the entire building. Thoughtfully landscaped with tropical plants including avocado and mango trees. Owning one of the most steadily successful rental properties could be the key to your new island life. Why wait any longer? Additional photos will be added once there's a vacancy and we can get in to take more... Get the keys to a profitable island opportunity!
Last Updated: April - 08 - 2021
Information deemed reliable but not guaranteed.