Looking for a remodel-project that generates a future ROI on your new apartments within a 10 min walk to Centro? This two-story home rests on a solid slab of stone and tabique mixed with concrete built by the owner's hands throughout his lifetime as a professional abanil/construction worker.
Two large retaining walls surround this ample property located conveniently on the corner lot of this sprawling and gentrified street within a two-block-radius to Centro. Next door is the Shelter-Theater and rental properties surrounding it which make this particular corner more desirable. Two-short retaining walls are tucked away inside to reinforce the eight bedrooms and two full-baths presently in use by the current owners. A four car garage could easily be converted into additional apartments allowing this property to develop into a full-fledged short-term rental operation. In fact, the owner started adapting his vision into his first almost-completed apartment which is on the top floor and reveals the template you can finish constructing, once you see this property. The front measures 10m by 25m depth. The views are magnificent and forever unobstructed!
The Colonial San-Rafael, particulary the East Side is hot-to-trot right now as more homes are being constructed and purchased in this last year than previously sold. The proximity to fresh organic markets, the tortillerias, mom and pop stores and the downtown churches make this a viable project for your future Investment in San Miguel.
Bedrooms: 8 Bathrooms: 2.0 Garage: 4
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