ALL Belize Real Estate For Sale

Income Generating Apartment Building

1208 Edmund Pennil Street, Mile 3 Philip Goldson Highway, Belize City, Belize District, Belize

For Sale

$1,250,000 ~~$1,350,000~~

Property ID:

24671

Bedrooms

Bathrooms

sq ft

15228 sq ft

Description

Exclusively listed with MRE is this newly built incoming generating apartment building which boasts a total of 15,228 square feet and sits on a lot measuring 104 ft x 122 ft. with ample yard space for private parking. This 5 unit apartment building with a residential quarter on the 3rd level is located just off Mile 3 Philip Goldson Highway in Belize City in a area that has seen and will continue to see tremendous infrastructural growth. The building being only 2 years old is built on solid pile foundation with the layout as follows:

Ground Level
– consists of a total area of +/- 5,517 square feet inclusive of all three apartment units, internal stairway, area designated for an elevator and private balconies.
– there are 3 apartment units consisting of 2 bedrooms with walk in closets, 2 1/2 bath, kitchen, dining and living area.
– the private balconies for each unit offer 252 square feet each.

First Floor
– consists of a total area of +/- 4,669 square feet inclusive of all two apartment units, internal stairway, area designated for an elevator and private balconies.
– There are two apartment units consisting of 3 bedroom, 2 1/2 baths, kitchen, dining and living area.
– the private balconies for each unit offer 349 square feet each.

Second Floor (Private Residence)
– being the private residence , this area consists of a total area of +/- 4,669 square feet inclusive of 5 bedrooms, 5 baths with kitchen, dining and living area.
– the private balconies for each unit offer 349 square feet each.
– The balconies on for these units are slightly larger than those on the ground level.

One can be sure to enjoy the amazing view of the Caribbean Sea from their private balconies on either of the first or second floor. The rooftop currently has steel frames exposed whereby one can build a private penthouse. On the ground level there is an area designated for the installation of an elevator to service al three levels. In the event of an emergency, both the first and second floor units have access to an emergency exit on the back portion of the building which leads out to parking lot.