Candy land For Sale

  • $325,000
, Isla Colon - Bocas Town
For Sale

Candy land For Sale

, Isla Colon - Bocas Town
  • $325,000

Description

Four 1 Bed/1 Bath cottages, each with 336 sq. ft. of living space plus 120 sq. ft. of porch or brick patio. There is one 2 bed/2 bath cottage with 816 sq. ft. of living space. All cottages are built to US standards incl. electrical and plumbing. Wood frame construction with plycen cement board on the interior and exterior, including the floors and trim. Substantial concrete and steel foundation, which could support additional floors. Interior Features for each unit are stove, refrigerator, split system A/C, ceiling fans, electric instant hot water heater and tile floors throughout, fully furnished. Phone, cable, internet and cable TV connected. Exterior features include 275 gal water tanks for each house (city and rainwater), water pump, private patio, brick walkway, metal roofing and off-street parking. All units are on separate electric meters. 10 years left on the 20 year property tax exemption of the buildings, current property tax of the lot is $300 a year. The property is titled with title insurance. The lot size is 10 meters by 40 meters or about 4400 square feet. Currently long-term rental but also can be used as short term rental. Current long term rental income is $2,550 per month.

Details

  • Property ID: CCBM-01
  • Price: $325,000
  • Property Type: House
  • Property Status: For Sale
  • Island: Isla Colon

Address

  • City Bocas Town
  • Province Bocas del Toro
  • Island Isla Colon - Bocas Town

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