Excellent Investment Opportunity - Multiple Income Stream Property

Riobamba, Riobamba, Chimborazo, Ecuador

Basic Listing Information

Listing ID
Property Type
Multi Unit Building
Listing Type
Commercial Sale
Location Type
View Type
City View
Total Lot Size
200.00 m² (2,152.77 sq ft)
Total Interior Area
1,000.00 m² (10,763.87 sq ft)

Listing Images

4-story income-producing building for sale in the heart of Riobamba.

Located all of one block from Av. Daniel León Borja (the main boulevard) in a great residential and commercial area of the city.

There are two commercial locations on-premises on the ground floor each with their own half-bathroom.

2 apartments on the first floor

2 apartments on the second floor

1 apartment on the third floor

3 Suites (1 Bedroom with bathroom) on the third floor

The third floor terrace has a laundry area, a kitchen and bathroom for meetings.

The building has its own water cistern plus two pumps and an elevated tank for water pressure, in addition to Calefon system for hot water.

The commercial spots currently rent for $300 each; prior to the pandemic they rented for $500.

The third-floor Suites rent on a temporary basis for $250/month.

The larger apartments are family-occupied but could generate approximately $500-600 each per month.

See More Details

Number of Bedrooms 13
Number of Full Bathrooms 8
Total Interior Area 1,000.00 m² (10,763.87 sq ft)
Total Lot Size 200.00 m² (2,152.77 sq ft)
Number of Stories 4
Roof Type Concrete Flat Roof
Floor Covering Tile
Construction Type Concrete
Construction Status Completed
Year Built 1980
Year Remodelled 2018
Air Condition & Heating No
Furnished Type Fully
Pool No
Jacuzzi No
Parking No
Location Riobamba, Riobamba, Chimborazo, Ecuador
Country Ecuador
State Chimborazo
County Riobamba
City/Town Riobamba
Location Type Mountain
Geographic Type Highlands
View Type City View
Interior Features Included Gourmet Kitchen, Great Room, Marble/Granite Countertop, Natural Wood Finishing, Recessed Lighting, Separate Dining Room, Washer/Dryer Hookup, Water Heater
Security Features Intercom
Street Access Type Paved Road
Type of Water City Water
Type of Electricity Public
Type of Sewer Public
Type of Internet Cable Internet, DSL Internet
Type of Television Cable Television, Satellite Television
Price per Air-Conditionable Living Area $380.00/m2 ($35.30/sqft)
Price per Square Meter $1,900.00/m2 ($176.52/sqft)
List Price $380,000
Ownership Type Escritura Public

Print Listing

Agent Information
Amy Prisco
Amy Prisco

Amy Prisco

Owner / Founder

Amy Prisco Agency ~ Real Estate Services in Ecuador

+1 646-396-1026
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