Stunning 4-Level Home with 2 Storefronts - Prime Investment Opportunity!

Loja, Loja, Loja, Ecuador

Basic Listing Information

Price
$275,000
Listing ID
RS2300676
Property Type
House
Listing Type
Residential Sale
Status
Active
Images
35
Beds/Baths
8/9
Beds
8
Baths
9
Location Type
Urban
View Type
City View
Total Lot Size
467.00 m² (5,026.73 sq ft)
Total Living Area
2.16 ha (5.34 acre)

Listing Images

Welcome to Loja House, a remarkable property located at the intersection of Gran Colombia and Riobamba, offering the perfect blend of residential and commercial spaces. Situated in a highly convenient area, this property is in close proximity to essential amenities such as Hospital de Dia and El Tia Supermarket. With excellent transport links, being just 5 minutes from the terminal terrestrial bus station, Loja House is an exceptional investment opportunity that boasts a range of appealing features.

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Long Description

Welcome to Loja House, a remarkable property located at the intersection of Gran Colombia and Riobamba, offering the perfect blend of residential and commercial spaces. Situated in a highly convenient area, this property is in close proximity to essential amenities such as Hospital de Dia and El Tia Supermarket. With excellent transport links, being just 5 minutes from the terminal terrestrial bus station, Loja House is an exceptional investment opportunity that boasts a range of appealing features.

Spanning three floors of impressive construction, this property is generously equipped with 8 spacious bedrooms and 9 bathrooms, ensuring ample space and comfort for its residents. Additionally, there are 5 separate apartments, each providing an opportunity for consistent rental income. The fourth floor is primed for development, with three walls already in place, offering the perfect canvas for further expansion or customization to meet your needs.

The property's thoughtful design includes 4 washing machines, catering to the convenience of both tenants and owners alike. Notably, there are two offices/storefronts already in operation, generating additional monthly income. This dual-purpose characteristic is ideal for entrepreneurs seeking to establish a business while enjoying the benefits of living on-site.

Loja House is surrounded by a host of amenities that enhance its attractiveness. The prestigious Theater Benjamin and multiple banks are within easy reach, making daily errands a breeze. For families with children, schools are conveniently located nearby, providing peace of mind and accessibility to quality education.

Currently generating $950 in monthly income, the earning potential of this property is vast and could be further increased. The upstairs 3-bedroom unit, currently set up as an owner's suite, can be rented out to augment the rental income. Furthermore, the top floor, boasting ample space, could be transformed into a gym or recreational area, offering an exclusive feature for potential tenants or residents.

Ref: LOJLOJ116

Details
Number of Bedrooms 8
Number of Full Bathrooms 9
Total Living Area 21,600.00 m² (232,499.54 sq ft)
Total Lot Size 467.00 m² (5,026.73 sq ft)
Number of Stories 4
Roof Type Concrete Flat Roof
Floor Covering Tile
Construction Type Concrete Block
Construction Status Completed
Year Built 0
Air Condition & Heating No
Furnished No
Pool No
Jacuzzi No
Parking No
Geography
Location Loja, Loja, Loja, Ecuador
Country Ecuador
State Loja
County Loja
City/Town Loja
Location Type Urban
Geographic Type Highlands
View Type City View
Infrastructure
Street Access Type Paved Road
Type of Water City Water
Type of Electricity Public
Type of Sewer Public
Type of Internet Cable Internet
Type of Television Cable Television
Financial/Legal
Price per Air-Conditionable Living Area $12.73/m2 ($1.18/sqft)
Price per Square Meter $588.87/m2 ($54.71/sqft)
List Price $275,000
Ownership Type Escritura Public

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Agent Information
Abundant Living Ecuador
Abundant Living Ecuador

Abundant Living Ecuador

Founder

Abundant Living Ecuador

Phone:
+593 98 074 8925
Cell Phone:
+593 (9) 80748925
Office Phone:
+593 980748925
Agent Contact