AreaVista

Solar House in Quisqueya

$651,991
Santo Domingo D.N., Santo Domingo de Guzmán
Bedrooms
Bathrooms
m² Building
464m² Land
4Parking

Description

House—Ideal investment property with an excellent location just a few meters from Gustavo Mejia Richard Avenue, in a mixed-use commercial and residential area.

Two investment options:

Option 1: Lot for a warehouse or commercial space

Option 2: Rental of 11 apartments (RD$200,000 monthly income).

The lot features 3 separate buildings with 3 and 4 stories, containing 11 apartments:

8 one-bedroom apartments

2 three-bedroom apartments

1 two-bedroom apartment

4 parking spaces

IMPORTANT NOTE: The actual lot area is 664 meters.

Auto-translated from Spanish
As seen on: remaxadvance.com

Main Characteristics

ReferenceAVS-701271
Price$651,991
TypeHouse
ConditionCompleted
FurnishingUnfurnished
Land Area464 m²

Property Features

Parking Spaces4

Status & Finances

Title VerificationInfo Not Provided
Property Price$651,991
Down Payment (20%)$130,398
Loan Amount$521,592
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$19,560
Legal & Notary Fees (~1.5%)$9,780
Bank Fees (~1%)$6,520
Appraisal Fee$350
Total Cash Needed at Closing$166,608

* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.