This large home on the Point can be converted into a large single family dwellling or used as a rental income opportunity with great location! Freddy's Place contains 4 apartments with each apartment holding 2 bedrooms, 1 bath and a kitchen. The roof has been recently replaced (May 2016), and the buildilng has been painted both inside and outside.There is a storage bodega is located beneath the building and the footprint of a small cabin located down on the waters edge, which can be rebuilt and used as a caretaker's cabin or separate rental space as there is already plumbing in place. The building is of solid construction and is situated right next to the bridge on the Point well within walking location of three of the busiest dive shops on the island and multiple restaurants and bars. Beautiful views of the lagoon, Utila harbor and surrounding landscape. Freddy's Place receives nice frequent breezes as they blow from the harbor or from the lagoon. There is a dock down on the water which can be used for sunbathing, swimming, fishing or boat docking. If desired, Freddy's Place could be easily converted into nice sized home in a prime location with spectacular views.