Sale of Vicente López Building – 7 Rental Units
Proyecto de Inversión in Olivos · Vicente Lopez
Possibly Sold
Sale
Price
USD295.000
Key information
Total area
250 m²
Covered
250 m²
Operation
Sale
Property type
Edificio
Property Description
Opportunity for investment in one of the most sought-after areas of the North Zone.
This three-storey building, located in Olivos, houses seven fully leased functional units, guaranteeing immediate and sustained income. The layout includes six two-room apartments, each 36?m² of covered area, and one studio of 30?m² covered area. Current rents are $550,000 per apartment and $490,000 for the studio, totaling a monthly rent of approximately $3,800,000.
Monthly expenses are $46,000, and all tenants are current with their payments. Additionally, there is the possibility to expand the constructive capacity by building an eighth unit on the terrace, which would increase the income potential.
Its strategic location in Olivos offers excellent connectivity to transportation, retail, and services, ensuring a constant demand for rentals and a growing property appreciation. This property represents an investment with immediate return, ideal for those seeking income from day one in a high-appreciation market.
This three-storey building, located in Olivos, houses seven fully leased functional units, guaranteeing immediate and sustained income. The layout includes six two-room apartments, each 36?m² of covered area, and one studio of 30?m² covered area. Current rents are $550,000 per apartment and $490,000 for the studio, totaling a monthly rent of approximately $3,800,000.
Monthly expenses are $46,000, and all tenants are current with their payments. Additionally, there is the possibility to expand the constructive capacity by building an eighth unit on the terrace, which would increase the income potential.
Its strategic location in Olivos offers excellent connectivity to transportation, retail, and services, ensuring a constant demand for rentals and a growing property appreciation. This property represents an investment with immediate return, ideal for those seeking income from day one in a high-appreciation market.
Location & Surroundings
Olivos · Vicente Lopez
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