COMMERCIAL-RESIDENTIAL PROPERTY (COMMERCIAL PREMISES AND 4 APTS) | $350,000 | MLS# 59572
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RE/MAX Classic PR
898 Munoz Rivera Ave. PS-3 San Juan PR 00927

Puerto Rico
MLS# 59572

Details

%
Years (35 year max)
Years



AreaMayaguez
Sub AreaBalboa (Barrio)
CountryPuerto Rico
Price$350,000
Property TypeHouse
Bedrooms7
Bathrooms6
Floor Space2800 Square Feet
Lot Size261.63 m²
Year Built1950
Parking1 Space, Garage
MLS® #59572

Unique commercial and residential investment opportunity in Mayagüez! This versatile corner property is for sale with enormous growth and income potential. Located at 73 Balboa Street, Mayagüez, this mixed-construction property (concrete and wood) offers multiple sources of income from day one. On the first floor, entirely made of concrete, is a bar-style restaurant with years of experience, which includes all equipment and inventory: wine rack, refrigerators, freezer, stove, fryers, sinks, air conditioners, tables, chairs, and more. This space is currently rented for $2,250 per month. Additionally, on this level, there is a one-bedroom, one-bathroom apartment with a living room and kitchen located behind the business. On the second floor, made of wood, there are 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 apartment with a living room, dining room, kitchen, large balcony, rear terrace, and laundry area (rented for $550). The property also has 5 electric meters, 2 water meters, a carport, and a storage area. It is located just 1.181 miles from UPRM (approximately a 6-minute drive), close to shops, services, and high-traffic areas. Current income is $3,075 per month, with one-year contracts. Asking price: $350,000. Coordinates: 18.204361, -67.132096. Don't miss this opportunity!..


Listed by Pedro Omar Realty


Location

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Data Source: Statistics Canada
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