Cruz
P. (939) 599-2500
License #: C15034
Phone Juan Enrique http://www.remaxclassicpr.com
898 Munoz Rivera Ave. PS-3 San Juan PR 00927
Puerto Rico
Details
| Area | Mayaguez |
| Sub Area | Balboa (Barrio) |
| Country | Puerto Rico |
| Price | $350,000 |
| Property Type | House |
| Bedrooms | 7 |
| Bathrooms | 6 |
| Floor Space | 3000 Square Feet |
| Lot Size | 261.63 m² |
| Year Built | 1950 |
| Parking | 1 Space, Garage |
| MLS® # | 59572 |
Unique commercial and residential investment opportunity in Mayagüez! This versatile corner property with enormous growth and income potential is for sale. Located at 73 Balboa Street, Mayagüez, this mixed-construction (concrete and wood) property offers multiple income streams from day one. The first floor, entirely concrete, houses a well-established bar-style restaurant, complete with all equipment and inventory: bottle rack, refrigerators, freezer, stove, fryers, sinks, air conditioners, tables, chairs, and more. This space is currently rented for $2,250 per month. Also on this level is a one-bedroom, one-bathroom apartment with a living room and kitchen located behind the business. The second floor, constructed of wood, features three apartments: one with two bedrooms and one bathroom, a living room, dining room, kitchen, and balcony; another with one bedroom and one bathroom, a living room, and kitchen (currently rented for $275); and a 3-bedroom, 1-bathroom unit with a living room, dining room, kitchen, large balcony, back patio, and laundry area (currently rented for $550). The property also features 5 electric meters, 2 water meters, a carport, and storage space. It is located just 1 mile from UPRM University (approximately a 6-minute drive), close to shops, services, and high-traffic areas. Current rental income is $3,075 per month, with one-year leases in place. Asking price: $350,000. Coordinates: 18.204361, -67.132096. Don't miss this opportunity!..
Listed by Pedro Omar Realty
Location
About
RE/MAX Classic in Puerto Rico offers quality real estate services through a team of professional Agents. Quality customer service, local market knowledge and training, are essential factors to provide an excellent and classic service.
We strive to be the leaders in our local market by working with high ethical standards and personalized attention to our clients.
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