1 Calle Pedro Lagasca - Apartments FOR SALE


Ávila, AVI 05001
$240,000 USD
1 Calle Pedro Lagasca, Ávila, AVI for Sale
$240,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1 Calle Pedro Lagasca
Ávila, AVI 05001


HIGHLIGHTS

  • Central area.
  • Investment opportunity.

OVERVIEW

Residential building with great potential located on a corner, with frontage on Caballeros Street and Pedro Lagasca Street. Built in the first half of the 20th century, this is a traditional property that retains the architectural charm of the era. Its strategic location within the urban fabric makes it an excellent investment opportunity, particularly suited for rehabilitation projects. The building is distributed across a ground floor, two upper floors, and an attic. It currently features two residential units, one per floor, each approximately 91 m² (980 sq. ft.) in size. On the ground floor, there is a 55 m² (592 sq. ft.) commercial space with direct street access, offering high visibility and versatile usage potential. With a total built area of 356 m² (3,832 sq. ft.) on a 102 m² (1,098 sq. ft.) plot, the property provides an ideal configuration for residential or mixed-use projects. While it is not subject to heritage protection, any permitted renovations must preserve the exterior appearance in harmony with the surrounding environment, ensuring aesthetic integration into the urban landscape. It is important to note that the building requires a full-scale rehabilitation, presenting a unique opportunity to adapt the space to modern needs and standards. Expansion of the building's footprint is not allowed, so interventions must focus on restoring and optimizing the existing spaces.

FOR SALE DETAILS

PRICE

$240,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,087 SF

ZONING

-

APN/PARCEL ID

6421027UL5062S

ASK ABOUT THIS PROPERTY

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