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PHP 5,000,000

681 Geronimo St., Sampaloc, Manila 9-Door Apartment for Sale

  • Transaction Type: For Sale
  • Property Address: 681 Geronimo St., Sampaloc, Manila
  • Number of Units: 9
  • Floor Area: 550
  • Lot Area: 265

Property Description

(This is a Direct to Owner Listing Property)

  • Address/Location: 681 Geronimo St., Sampaloc, ManilaCity (view map below)  

  • Nearby Establishment/Landmarks: near Fajardo St & Lacson Ave approx. 50 meters & UST approx. 100-150 meters,  

  • Subdivision/Village Name: N/A

  • Property Type:  3-storysinglehouse/apartment

  • Asking Price: P 5,000,000

  • Lot Area: 265 sqm

  • Floor Area: approx. 600-700 sqm up & down


  • PhP 5,000,000.00 or P18,867.92

  • Terms: Cash or Bank Financing only (if Bank Financing buyer pays for the appraisal fee)


  • Documentary Stamp: 1.5% of the Selling Price

  • Registration Fee: 0.75% of the Selling Price

  • Transfer Tax: 0.5% of the Selling Price


  • Abandoned originally 9-doors apartment, first 5 doors along Geronimo St & 2nd 4 doors at the back entrance along Don Quijote st (alley road)

  • The first 5 doors infront is already converted to a warehouse of a softdrinks dealer

  • It needs major renovations but the structure is still intact made of concrete

  • If you renovate the property your projected average income per month P60,000-80,000/month

  • Separate Electric Meters & Water meters

  • Property was loan before to a rural bank in bulacan and was paid already, owner already has already cancelled the mortgage at the back of the title


  • Unit owner cannot maintain this property because they already living in Pandi, Bulacan


  • This property is in a open community with 24 hour transportation.

  • No flood if its ordinary downpour of rains, if its heavy rains like ondoy flood is 2 feet, but easily subside in 30 minutes or less

  • Almost infront of Ospital ng Sampaloc

  • Populated area there is a few squatters at the other side of the street but not visible along the street where the property is located

  • Few meters to Jeepneys bound to University Belt schools & Quiapo


  • Year Built: 1970’s

  • Renovated: N/A

  • Status: Door # 3Currently Tenanted by the caretaker

Building Structure

  • Height 3 floors

  • Construction: All Concrete on Ground level, 2nd & 3rd level


  • Carport (Open) – 1


  • No. of Bedrooms: 6

  • No. of Bathrooms: 3 (Toilet + Bath)

  • Servants Quarters: None

  • Sala

  • Kitchen

  • Laundry area


  • No Amenities



  • Buyer pays for the earnest money or deposit at least P100,000.00 either in cash, dated check or managers check (payable to seller or owner)  to hold the property and for the owner not to accept other interested buyer/s. DEPOSITS OR EARNEST MONEY NOT REFUNDABLE!

  • Remaining balance payable in minimum of 7 working days and maximum of 15 working days

  • Sellers pays for the Capital Gains Tax to BIR office and brokers fee

  • Buyer pays for the Doc stamps (1.5%), Registration fee (0.75%) & Transfer tax (0.5%) of the agreed selling price


  • Buyer pays for the earnest money or deposit at least P100,000.00 either in cash, dated check or managers check (payable to seller or owner) to hold the property and for the owner not to accept other interested buyer/s.

  • The deposit or earnest money is NOT REFUNDABLE EVEN IF THE BUYER IS NOT APPROVE BY THE BANK! Why? because the it will take 5-8 working days before the bank comes out with the loan report and if the buyer was not approve within that period of time a owner or seller is loosing a supposedly a “potential buyer/s”

  • Buyer chooses his/her preferred bank, we can also suggest a bank as other options

  • Buyer pays for the appraisal fee around P3,000-4,000

  • Bank will appraise first the property and will come out with the appraisal report, what ever the appraisal amount of the bank will be the final

  • Appraisal Price of the bank is not guaranteed as the price above, it can be the same selling price or lower or higher than the price

  • Buyer puts up a cash out of 20%-30% (20% equity is not a guarantee but we will try with the bank, 30% is the usual required equity)

Buyer Requirements for Housing loan:click here

(Broker or agent normally prepares for all the documents of the both party, the seller and buyer)

  • Before proceeding with the legal documents the seller and brokers must have the necessary requirements below;

  1. Original Copy of Title (TCT or CCT for condominiums) if the title was mortgaged before an original copy of cancellation of mortgages

  2. Latest Certified True copy of title from Registered of Deeds

  3. Latest Real property tax receipt

  4. Latest Tax clearance

  5. Tax declarations for Land and Building

  6. Certification of non improvements if the property is only LOT

  7. Vicinity or lot plan

  8. Photo copy of valid ID’s of the seller/s and broker or agent

  • Deed of Conditional Sale (DOCS) contract, if the buyer is already paying the earnest money or deposit to the owner/seller

  • Deed of Absolute Sale (DOAS) contract, if the buyer is already paying the full amount of the property

Name: Richard G.
Email Address: resaleph@gmail.com
Mobile No/s: 0917-5557427 (globe)
Landline No./s: (02)512-1746



This real estate property located at 681 Geronimo St., Sampaloc, Manila is For Sale and was listed on ApartmentForSalePhilippines.com on October 2, 2011 for PHP 5,000,000.


NOTE: All information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective real estate properties consumers may be interested in purchasing. The information on each property listing are deemed reliable but not guaranteed and are subject to change, therefore; should be verified by the purchaser. ApartmentForSalePhilippines.com assumes no responsibility for typographical errors, misprints or misinformation.

One Response to “681 Geronimo St., Sampaloc, Manila 9-Door Apartment for Sale”

  1. frank on @

    how much is it earning as is?

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