Blumentritt LRT, Apartment Building with commercial Stalls for Sale-12 Units, Great Location, short Walk to SM San Lazaro, Very busy commercial Area!

Apartment Building with commercial Stalls for Sale, Great Location! Very busy commercial Area! P 28 M

FANTASTIC BUSINESS OPPORTUNITY!!!!

APARTMENT BUILDING for Sale!

Location: At the back of LRT Blumentritt area,

Only a few minutes Walk to SM San Lazarro, Highly Commercial area

Land Area : 128 sqm
Floor Area: 370 sqm
Floors : 3
Apartment Units : Total 12 , each Floor 4 Units
Unit Sizes: Small Units are 20 to 30 sqm, big Units are 35 to 40 sqm

All Units have Windows and own CR.

Built in the early 2000, this Building was constructed in Solid/ Buhos Style.

The building is fully operational , all apartments and the commercial stalls have been rented out, however the current rental rates have not been raised for a long time.

If used as Bed Spacer Rental this can easily accommodate 4 Beds per Room , you can run a Canteen and Laundry Shop for your Tenants and Neighbors at the Street Level of the Building, easily making P 250k + monthly Income! Several Schools and big Businesses nearby provide a Ready Market

You would also have the possibility to just rent out the building as office space upstairs and commercial shops on the ground floor after a renovation, if you would like to do that.

Another option would be to add one or two floors and use it as budget hotel.

Reason for Sale: The Owner has become too old to operate it and the Family has other Businesses to look after.

Direct Buyers preferred!

Price: 28 M negotiable

For Info please contact Dieter at :

View Phone

(Globe, Viber , WhatsApp)

WeChat: wxid_dop8eojlt93l12