MX Phone: 415.185.8311 or 415.185.8407

US & Canada Phone: 1 (214) 550.4898

Leverage

Real Estate Property

Property id# 1861

Home, Enormous Income Potential and Huge Yard All in One

For Sale $589,000 USD

 Do you have a big dream for your life in San Miguel but not sure how to swing it?  Consider this “project” property conveniently located on a huge lot with several multi-function structures.

 The “commercial building” is two stories and consists of a local (commercial space) with bathroom downstairs, which could be rented out as a store front.   Upstairs houses a large open gallery space. It could be rented out as another store, gallery or, studio apartment, as it also includes a full bath.

 Then, there is an independent casita which sits in the front of the property on the ground floor, another obvious source of rental income.

The “residential building” is set back from the street and as such, is quieter.  It includes four bedrooms, one of which has a private entrance.  Downstairs hosts an open floor plan and includes a living room, dining room and kitchen with double sided fireplace, as well as the master bedroom.  The three other bedrooms are upstairs, two of which share a Jack and Jill bath.  There is also a landing that is large enough for a small office area.

 At the back of the property is a freestanding studio/workshop/taller space.

 All of these structures are ready for an update and could use new tile, countertops, fresh paint, etc. However, they are completely livable as is and renovation could be done little by little if necessary.

 Each building is situated within the wonderfully large garden, which features mature plants, fruit trees, a grassy area, and a vegetable garden.  It’s a perfect place for pets and someone with a green thumb.  As if all of that wasn’t enough, the property also has a roof deck, cellar and off-street parking for up to four cars. It’s located just off the Ancha between Guadiana and Allende on a well-lit street with wide sidewalks and lots of stores, which makes it quite functional for both the living spaces and the local/rental units. 

 So go ahead, dream big.  Just be sure to check out this property while you’re at it.

Agent: Joseph W. Lown - 415.185.8311

Colonia: Allende
Size land: 13,606 ft²
Size construction: 6,717 ft²
Walk to centro: 15 min
Off Street Parking: 3
Floors: 2
Bedrooms: 6
Full Bath: 6
1/2 Bath : 1

Features

Services available

Included in Sale

  • Courtyard
  • Casita
  • Loggia
  • Garden Area
  • Fireplace
  • Terrace
  • Studio/Office
  • 2nd Living area
  • Off-Street Parking
  • Rooftop Terrace
  • Views
  • Wine Closet/ Cellar
  • Cable or Satellite
  • Telephone
  • City Sewage
  • City Water

Property Location