Cordón, Colonia 1700

U$S 245,000

$ ~9,870,000 / U$S 1,167/m2

Published 1 day ago
Bedrooms

5

Bathrooms

2

Area

210

Construction Year

1927

Category

Home

Views

1

Sale of 2 houses in Cordón

House for sale in Cordón, Montevideo, Uruguay: U$S 245,000, 210 m², 5 bedrooms, 2 bathrooms. Published on November 2, 2026 by RE/MAX; updated on November 3, 2026.

Price per m² in Cordón: sale and rent

A single property title with two independent homes, arranged over the ground and upper floors, is offered for sale. It represents an investment opportunity thanks to its versatility, size, and strategic location.

Investment potential:

  • With 10 rooms in total, the property is ideal for traditional rentals, coliving, a residence or student housing, or renovation into individual rental units. Its proximity to educational institutions and one of the city's main thoroughfares ensures high demand and tenant turnover.

Ground-floor home:

  • Approximate area of 105 m²
  • Five rooms, kitchen, and bathroom
  • Its layout allows the spaces to be adapted for room rentals or family housing

Upper-floor home:

  • Access via an independent staircase
  • Approximately 105 m², arranged across five rooms, a kitchen, and a bathroom
  • Attic with access to a walkable rooftop terrace with 105 m² of open space, expanding the development potential for common areas, expansion, or future work

Condition:

The property needs renovation or recycling, allowing for a comprehensive reconfiguration aimed at maximizing profitability and adapting it to different real estate business models.

Location:

On Colonia Street, near Gaboto, just 100 meters from Avenida 18 de Julio. A well-connected area with numerous educational institutions, services, and shops, making it attractive to both students and permanent residents.

The combination of location, number of rooms, and available area makes this property an attractive option for investors seeking sustained rental income or shared-housing projects.

Get in touch to schedule a visit or learn more. We cooperate with all colleagues. Real estate commission: 3% plus VAT.

Each office is independently owned, managed, and developed. This listing describes the property's essential features. Please consult the person responsible for the transaction regarding any updates to measurements, architectural and functional descriptions, services, taxes, prices, and other information, as the values are approximate.

Property details

ID

Category

Type

Area

Built Area

Terrain

1785879

Home

Sale

210

210

210

Rooms

Bathrooms

Bedrooms

Construction Year

Code

Updated

6

2

5

1927

T23AA4

2026-11-02

Payment calculator

Monthly payment
US$ 1.425/mo
Loan
US$ 183.750
Interest
US$ 158.157
Total of payments
US$ 341.907
Down payment
US$ 61.250

Approximate: fixed rate, no insurance or fees. Check the terms with your bank.

Location

245к U$S

Location

Montevideo

Address

Cordón, Colonia 1700

What's nearby

Public transport
130 m · 2 min walk · 12 within 1 km
Supermarket
Comag
40 m · 1 min walk · 26 within 1 km
School
Instituto Preuniversitario Juan XXIII
110 m · 1 min walk · 30 within 1 km
Pharmacy
Farmashop
130 m · 2 min walk · 29 within 1 km
Park
Plaza de los Treinta Y Tres
90 m · 1 min walk · 10 within 1 km
Show 6 more
University
Facultad de Derecho - Edificio Anexo
150 m · 2 min walk · 12 within 1 km
Hospital or clinic
Centro Médico Cordón
440 m · 6 min walk · 15 within 1 km
Beach
Playa Ramírez
1.6 km · 19 min walk
Bank or ATM
República
160 m · 2 min walk · 23 within 1 km
Restaurant or café
Don Koto
30 m · 1 min walk · 68 within 1 km
Gym
Zentra
470 m · 6 min walk · 13 within 1 km

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

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