Unique Opportunity Multi-Unit Investment Property | $220,000 | MLS# 64449
 Call for More Information Agent Photo

Call for More Information
RE/MAX Classic PR
898 Munoz Rivera Ave. PS-3 San Juan PR 00927

Puerto Rico
MLS# 64449

Details

%
Years (35 year max)
Years



AreaRio Grande
Sub AreaMalpica (Barrio)
State/ProvinceRio Grande
CountryPuerto Rico
Price$220,000
Property TypeHouse
Bedrooms5
Bathrooms3
Floor Space2500 Square Feet
Lot Size4559.01 m²
Year Built1990
Parking4 Spaces, Open
MLS® #64449

Multifamily property located in one of the areas with the greatest growth potential in Rio Grande. This property combines immediate cash flow with ample land for future development, ideal for investors or buyers seeking to maximize their return. Situated near El Yunque National Natural Park and Camarero Racetrack, the property benefits from a strategic location with access to tourist and recreational areas, as well as major roads. Property Layout First Level: 1 bedroom, 1 bathroom Second Level: 2 bedrooms, 1 bathroom Spacious and well-distributed areas Land Area: 4,559.01 square meters Approximately equivalent to: 1.6 acres Large lot with potential for: Expansion of existing units Additional construction Investment project development Current Income Generating approximately $700 per month in rent Opportunity to increase income through optimization or short-term rentals Investment Potential This property represents a clear opportunity for: Passive income generation Multifamily development Short-term rental strategy (Airbnb) Owners who wish to occupy one unit and rent the other The combination of multiple units, large lot, and strategic location positions it as a solid investment with growth potential..


Listed by Kelvin Garcia Realty


Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)