Les Amandiers Lot 116 Marigot 99.86m2 space divided into three rental spaces of approx. 32m2 each. prime location in Marigot where you own the walls and tenants are on 23month leases. Since 2002 have always had tenants.

Good investment, leave as is, sell 3-6-9 leases or use whole or part for personal business or rent. Rent has averaged 5500euro for years, but due to financial crisis and rent reduction to keep tenants, rent is averaging $5500u.s. a month for a total of $660,000 yearly. As business is better rents can go back up and with yearly tax at 1481euro, building maintenance-insurance approx. 1400euro yearly, total expenses $4000u.s. yearly results in $62,000 net yearly. PRICE-$665,000 or 500,000euro(Daily exchange rate)

Les Amandiers, Marigot, St. Martin

Essential Information
Property ID: 100001232 Catagory: Commercial
Bedrooms: N/A Bathrooms: N/A Pool: None None
Building size (sq FT): 1000 Building size (sq M): 100
Lot size (Acres) 0.02 Lot size (M2): 100.00 Year built: 0
Features and Amenities
Ownership:
Free-simple
Driveway:
N/A
Generator:
N/A
Lot Type:
Flat
Electricity:
220v
Hurricane shutters:
Yes
Levels:
0
A/C:
Split
Alarm system:
No
View:
None
Fans:
No
Security:
Yes
Furnished:
No
Cable TV:
No
Construction:
Concrete
Patios:
No
Satellite TV:
No
Roof:
Zinc
Balconies:
Yes
Phone:
Yes
Sewage:
Yes
Yard:
No
City water:
Yes
Fencing
No
Garage:
No
Cistern:
No
Parking:
N/A
Internet:
None
Price: US dollars
$665,000