CENTURY 21 Belize
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4 Unit Investment Property With Expansion Potential | Belama Phase 2

Corner Maurice Bishop Street & Waha Street, Belama phase 2, Belize City, Belize District
$489,500 USD$979,000 BZD
For Sale
7+Bedrooms
4+Bathrooms
3,220 sqftSq Ft
3,718 sqftLot Size
50 ftLength
75 ftWidth
2013Year Built
5Parking
MLS#: C21-33984

Description

Opportunities like this rarely become available within Belama Phase 2.

Positioned on a prime 345 sq. meter corner parcel in one of Belize City’s most established and consistently sought after residential communities, this fully tenanted 4 unit apartment building offers investors the opportunity to acquire a stable income producing asset with immediate cash flow, long term stability, and significant future upside potential.

Spanning approximately 3,220 sq. ft., the property consists of a solid two storey structure thoughtfully configured into three spacious 2 bedroom / 1 bathroom apartments along with one comfortable 1 bedroom / 1 bathroom unit. The layout creates a highly practical rental mix that continues to perform exceptionally well within the Belize City market, where demand for quality long term residential rentals remains strong.

What makes this property especially attractive is not only its current performance, but also its future possibilities. The building was designed with the ability to accommodate a future third floor expansion, creating the opportunity for an investor to add two additional apartment units or alternatively develop a spacious private residential floor while maintaining rental income below. This level of expansion flexibility is increasingly difficult to find within established Belize City neighborhoods.

Located within close proximity to schools, supermarkets, restaurants, public transportation, and everyday conveniences, the property benefits from a location that continues to attract long term tenants. A nearby bakery further adds to the convenience and everyday appeal of the surrounding neighborhood, contributing to the property’s strong occupancy potential.

Multi unit investment properties with expansion potential in established Belize City communities are becoming increasingly limited, particularly within neighborhoods such as Belama Phase 2 where rental demand continues to remain strong. Whether maintained as a stable long term rental asset or further expanded to maximize future returns, this property presents a compelling opportunity for investors seeking dependable income, future appreciation, and long term portfolio growth within Belize City’s evolving real estate market.

Location

Country: BelizeDistrict: Belize DistrictCity: Belize City

Location

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