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Multi-family building with high profitability potential | COP 680,000,000 | MLS# 267475
Nestor Romero Agent Photo
Nestor
Romero
C. (310) 444-4944
P. (574) 448-7249
Phone Nestor http://www.romeroycia.com
Romero & Cía Propiedad Raíz
Cl 5 Sur 29A 151 Int 907 - Medellín Antioquia
Antioquia
Colombia
MLS# 267475

Details

%
Years (35 year max)
Years



AreaMedellín
Sub AreaLa Candelaria
State/ProvinceAntioquia
CountryColombia
PriceCOP 680,000,000
Property TypeHouse
Bedrooms11
Bathrooms7
Floor Space409 m²
Lot Size200.00 m²
Year Built2002
ParkingGarage
Parking Spaces1
Monthly Assessment $0
Taxes $550,000
Tax FrequencyQuarterly
MLS® #267475

Excellent investment opportunity in Medellín, Las Palmas neighborhood, just one block from Avenida San Juan and Carrera Girardot, and close to the city center. Strategic location with excellent connectivity and high rental demand. The property has 409.7 m² of constructed area, distributed over three levels: a spacious house with a garage, 4 bedrooms, 3 bathrooms, and a patio on the first floor, and four independent apartments on the second and third floors. Additionally, it has a 93.2 m² back patio with potential for expansion or redistribution. Due to its location, area, layout, socioeconomic stratum 2, and high rental demand, this property offers multiple possibilities for investors. Its structure and square footage allow for a renovation aimed at increasing the number of rental units, developing independent apartments, co-living spaces, or short- and long-term rental models, in accordance with regulatory and market conditions.

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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