This six houses are a very smart investment. This is a titled property located 1 mile from the beach(1 main house + 5 rentals income producer) Ocean and valley view steps from waterfall in quiet residential neighborhood. Possible to build an additional rental income producer. The main house is 145m2 (1,550 sq. ft.) two story house with 3 bedrooms, 3 bathrooms, garage, laundry, huge terraces, 3 car carport. Well equipped with AC, alarm, security camera, WiFi internet, hot water. The 1st story is composed of a garage, laundry and an independent studio that has a living room, sleeping area, kitchen, bathroom and a terrace. Originally the studio was designed to be the guest house but is rented to produce income and has its own power meter. It could be used as a maid-room too. The second story is composed of a living-room, kitchen, huge teak decks 2 bedroom 2 bath. Enough room to build a swimming pool or Jacuzzi.
Smart Investment Property with 10% ROI in a Proximity to the Beach!
Possible to extend the house and build more bedrooms or office. You could rent the main home for $1200 per month easily.The second house has valley and ocean view. Charming two bedroom one bath fully furnished house and rents for $600 per month.The other 4 rental house are only a year old with two bedroom, one bath fully furnished and they rent for $450 per month each. Rental Income: $1200 Main house$2400 5 rental homes$3600 Total Income10% ROI