542 - Sub-urban income earner or family estate - 5 beds, 4 baths 2 buildings Burrel Boom ( Belize, BZ - 501026) Built

$99,998 USD
Substantially reduced for quick sale!

Shepherd Belize Real Estate

Raymond W. Shepherd Esq. REALTOR® Raymond W. Shepherd Esq. REALTOR® 011(501)6143064 (Office) Request More Info

  • Potential income earner
  • Type: Residential
  • Style: 2 Story
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 1,400 sq. ft.
  • Development Level: Built
  • Lot Size: 100ft x 150ft
  • Suite: Potential
  • Taxes: $20.00 USD (1)
  • Condo Fees: $0.00 USD

Description

The subject property is located on the southeastern edge of the Burrell Boom community. A paved all weather road borders the property on its western boundary. A grocery store, ATM, and a hotel is within 5 minutes walk from the property. Belize City is an easy 25 minutes commute by car and the international airport is a mere 15 miles drive away. Burrell Boom is a safe, peaceful, quiet, rural, neighborly, and sub-urban community. It is among one of the first villages in Belize and is the gateway to almost a dozen other villages that forms the Belize River Valley. The historic Belize River borders the community on its northern boundary. Being a short drive into Belize City there is a steadily growing demand for rental properties in this area.

The yard boast 100 feet of road frontage and is 150 feet deep. This equates to just over 1/3 of an acre and is about 4 times the size of the standard 50 x 75 feet residential lots. Therefore as you can see from the listing photos, there is more than ample space for future building expansion or additional buildings to enhance the property's potential income. The yard contains several fruit bearing trees including, mangos, golden plum, coconuts, and may plum. Two buildings sits on the property adjacent to each other in the southwest corner of the yard. The first is a single level concrete, 2 bed 1 bath starter home that comes with an additional room with independent entrance which currently serves as a den/reading room. Immediately behind the starter home, is a concrete 2 story, 3 bed 3 bath unit, all of which can be self contained one bed one bath rental units or combined for a 3 bed 3 bath single family home. Together, the 2 buildings offers a combined total square footage of approximately 1,400 sq ft.

Aesthetically, the buildings appearance could be improved with some minor TLC and a small investment of about $12 to $15k would significantly increase the value of this property. All in all, this a a great investment property that offers great value and opportunities for those with the right vision. The possibilities are endless. Contact us today for more information and or to schedule a viewing. We look forward to hearing from you soon!


Attachments

Features

Interior Features

  • Ceiling Fan
  • Guest Quarters
  • Tile

Exterior Finish

  • Cement
  • Concrete

Roof

  • Metal

View

  • Forest
  • Woods

Appliances

  • Gas Range
  • Washer/Dryer Hookup

Sewer/Water Systems

  • Private
  • Septic
  • Water District

Lot Features

  • Garden Area
  • Landscaped
  • Lawn
  • Shed
  • Trees / Shrubs

Extra Features

  • Cable Available
  • High Speed Internet Available
  • Pets Allowed
  • Public Transportation
P2#478766899
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Information is deemed to be correct but not guaranteed.