Multi-Apartment Property for Sale in Anacoya E16-99 Y Escudero, Las Orquideas, Quito, Pichincha, Ecuador
99,000 - 125,000 USD

Multi-Apartment Property for Sale in Anacoya E16-99 Y Escudero, Las Orquideas, Quito, Pichincha, Ecuador

Beautiful Mountain View Property with Great Income Potential

Asking Price: 99,000 - 125,000 USD
50% below value. This versatile property in Las Orquideas sector near Highway General Rumiñahui can function as either a single-family home or a multi-unit apartment complex. The house features five apartments with one to three bedrooms each, totaling ten bedrooms and six and a half bathrooms. The design allows owners to live in the main apartment while generating rental income from the others.

Positioned dramatically down the side of a mountain, the property overlooks a stream and is surrounded by mountain views. The top floor sits level with the road, and the structure is permitted for three additional floors. The building is currently being remodeled with electricity and plumbing completed to code and separated for each individual apartment.

Security features include motion lights, security doors, two automatic garage doors, and multiple entrance points: two entrance doors for the main structure, one entrance door for another house currently under construction, and a separate entrance for the apartments. The property includes a large patio overlooking the valley and a dedicated laundry room.

The property requires painting, ceramic work, and minor repairs, and is being sold as-is. It would serve excellently as a bed and breakfast for tourists or as a multi-generational family residence with income potential.