This property is currently off market.

Home, Enormous Income Potential and Huge Yard All in One

Id#
1861
Location:
Allende

35 More

Home, Enormous Income Potential and Huge Yard All in One


13,606 ft²
6,717 ft²
6
6 full, 1 ½

Description:

 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.

* All real estate listings are believed to be represented accurately. However, these details are intended as a guide and do not form part of a contract. Buyers should satisfy themselves as to any Information contained herein.

Features

Courtyard
Casita
Loggia
Garden Area
Fireplace
Terrace
Studio/Office
2nd Living area
Off-Street Parking
Rooftop Terrace
Views
Wine Closet/ Cellar

Services available

Cable or Satellite
Telephone
City Sewage
City Water
No agent assigned
Property 1861 Map in San Miguel de Allende