House for sale near the “Universidad Evangélica”.
For Sale

$ 260,000.00

This property has been viewed 116 times.

listing details
  • Listing ID: 001461331187
  • Property type: House/Villa
  • Contract type: For Sale
  • Price: $ 260,000.00
  • Listed by: RE/MAX CENTRAL
  • Bathrooms: 4
  • Bedrooms: 5
  • Garage capacity: 3
  • Construction size: 0.00 Sq. Vr. - 0.00 Sq Vr.
  • Lot size: 294.00 Sq. Vr. - 80,041.50 Sq Vr.
features
  • Garage covered
Description

Excellent investment opportunity in a property strategically located just 5 minutes from the Evangelical University of El Salvador, in an area with high demand for student housing. Close to Colonia Escalón and Alameda Juan Pablo II. Very quiet neighborhood.

The property has three floors and is currently set up for student rentals, with 5 bedrooms, generating income from 4 occupied units from day one.

Current layout:
• 5 student rooms
• 2 rooms with shared bathroom on the 1st floor
• 3 rooms with private bathrooms on the 2nd floor
• Common living area
• Kitchen
• Patio with laundry area

Additionally, the property offers significant growth potential, as there is space on the third level to develop up to 4 additional bedrooms with bathrooms, which would significantly increase profitability for investors interested in expanding the rental model.

Its proximity to the university and to services in the city of San Salvador makes it an attractive option for both investors and those seeking a real estate project with a steady income stream.

Ideal for:
• Investors in student rentals
• Co-living or university housing
• Generating passive income

Map