Mercado Modelo, Alfredo García Morales 1287 Bis

U$S 175,000

$ ~7,040,000 / U$S 1,902/m2

US$ 1,902/m2 · 16% cheaper than the median of Mercado Modelo

Published 58 days ago
Bedrooms

3

Bathrooms

2

Area

92

Construction Year

1930

Category

Apartment

Views

247

Sale of two income-generating apartments in Reducto

Apartment for sale in Mercado Modelo, Montevideo, Uruguay: U$S 175,000, 92 m², 3 bedrooms, 2 bathrooms. Published on August 25, 2026 by Century 21 369; updated on October 19, 2026.

Price per m² in Mercado Modelo: sale and rent

Two house-style apartments are for sale on the same property, both rented under contracts recently started for two years, with insurance company guarantees.

The total monthly rent from the two leases is $ 51,500, yielding an approximate return of 9%. There are no common expenses.

Features:

  • The units have street-level entrances and independent water and electricity services.
  • One unit faces the street; it has 2 bedrooms, is a duplex, and has a terrace and a front balcony.
  • The other unit faces the rear; it has 1 bedroom, a yard, and a barbecue area.
  • Both units have just been refurbished and are newly available.

Location:

They are located in the residential neighborhood of Reducto, an area undergoing growth, 3 blocks from Agraciada and 3 from Millán. Public transport and services are nearby.

Real estate fees:

They are 3% of the sale price plus VAT.

This listing describes the essential characteristics of the property. Measurements, areas, common expenses, taxes, and other information have been provided by the owner and are considered estimates subject to verification. The real estate agency acts solely as a commercial intermediary and does not verify titles, internal regulations, or administrative or judicial status; these tasks are the responsibility of the interested party’s trusted notary. The associate agent, Arq. Leonora Manera, works independently, and the office assumes no responsibility for her individual actions.

Property details

ID

Category

Type

Area

Built Area

Terrain

1672482

Apartment

Sale

92

92

126

Rooms

Bathrooms

Bedrooms

Construction Year

Code

Updated

4

2

3

1930

DA1DD0

2026-08-29

Payment calculator

Monthly payment
US$ 1.018/mo
Loan
US$ 131.250
Interest
US$ 112.969
Total of payments
US$ 244.219
Down payment
US$ 43.750

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

Location

175к U$S

Location

Montevideo

Address

Mercado Modelo, Alfredo García Morales 1287 Bis

What's nearby

Public transport
Carnelli
920 m · 12 min walk
Supermarket
Express 2
450 m · 6 min walk · 12 within 1 km
School
Colegio Nubarian
240 m · 3 min walk · 21 within 1 km
Pharmacy
Tapes
360 m · 5 min walk · 14 within 1 km
Park
Plaza 1º De Mayo
1.3 km · 16 min walk
Show 5 more
University
Pedro Poveda
980 m · 12 min walk
Hospital or clinic
Hospital Vilardebó
240 m · 3 min walk · 7 within 1 km
Bank or ATM
Banco República
600 m · 8 min walk · 12 within 1 km
Restaurant or café
Pizzeria Zapican
60 m · 1 min walk · 12 within 1 km
Gym
Sportivo San Martín
180 m · 2 min walk · 6 within 1 km

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

Amenities

Balcony

Garden

Additional Actions

Street View
Century 21 369
+59...159 +59...255 +59...121
093...999
Similar object
Loading...

Sponsored

Sponsored

Earn money by referring colleagues!

Invite other real estate agents and earn 10% commission for every promotion they make.