Income-Generating House for Sale – La Concepción Sector, Av. La Prensa – Quito Half a block from Bicentennial Park, Av. La Prensa, the North Station of the Trolleybus, and the North Station of Quito's Metro. The property is fully occupied with a fixed monthly rent of $1,340, generating approximately 7% annual return based on the listing price. Land: 334 m² Construction: 620 m² Parking Spaces: 3 Floor Area Ratio (Ground Floor): 40% Total Floor Area Ratio: 480% Construction Potential: Up to 12 stories, according to current regulations (ideal for future re-densification). Architectural and Functional Distribution Duplex Apartment (First and Second Floors) First Floor: Living and dining room Kitchen Laundry area and utility room Storage room Study Social bathroom Service bathroom Second Floor: Three bedrooms One shared full bathroom Master bedroom with bathroom and walk-in closet Living area Terrace Independent parking space with direct access Apartment – Third Floor Living and dining room Closed kitchen Three bedrooms Two full bathrooms Occupies the entire third floor Mini Apartment – Fourth Floor (terrace area) Spaciousbedroom Study (can be used as an additional bedroom) Living and dining room Kitchen One full bathroom Independent terrace Commercial Space – Ground Floor 52 m² One bathroom Located facing a main street with high traffic Attractive for Investment Income-generating property with 100% occupancy, located in an area of high residential and commercial demand. Close to mass public transportation (Trolleybus and Metro), Bicentennial Park, shops, and main avenues. Thanks to its urban development potential (Ground Floor FAR 40%, total FAR 480%, and permitted height of up to 12 stories), it is also an excellent opportunity for developers or a medium-term re-densification project. Let's schedule an appointment so you can see it in person, as photos cannot show its full potential...