Unique Opportunity Multi-Unit Investment Property | $185,000 | MLS# 64449
Veronica Rivera Moreno Agent Photo
Veronica
Rivera Moreno
C. (787) 360-6454
P. (787) 245-3722
License #: V3650
Phone Veronica www.realestaterinconpr.com
Tropical Coast Properties
Carr 115 Km 8.7 Bo Calvache Rincón, PR 00677

Puerto Rico
MLS# 64449

Details

%
Years (35 year max)
Years



AreaRio Grande
Sub AreaMalpica (Barrio)
State/ProvinceRio Grande
CountryPuerto Rico
Price$185,000
Property TypeHouse
Bedrooms5
Bathrooms3
Floor Space2500 Square Feet
Lot Size4559.01 m²
Year Built1990
Parking4 Spaces, Open
MLS® #64449

Multi-family property located in one of the fastest-growing areas of Río Grande, strategically positioned just minutes from El Yunque National Park, the Camarero Racetrack, and approximately 10 minutes from The Outlet Mall in Canóvanas, with convenient access to main roads, shopping, services, and recreational areas. This property offers an attractive combination of immediate income and expansion potential, ideal for investors or buyers looking to maximize land use and increase their return in the medium and long term. The property has two levels distributed as follows: The first level features a 1-bedroom, 1-bathroom unit. The second level features a 2-bedroom, 1-bathroom unit. The spaces are ample and functional, allowing for various configurations for both residential and investment use. The lot measures approximately 4,559.01 square meters, equivalent to about 1.16 acres. Its size offers multiple development possibilities, including expansion of existing units, additional construction, or the development of a multi-family project. Currently, the property generates approximately $700 per month in rent, with the potential to increase income through unit optimization, market adjustments, or the implementation of short-term rental strategies. The combination of multiple units, ample land, and a strategic location positions this property as a solid alternative for passive income generation, future development, or mixed-use development where the owner can reside in one unit and rent out the other. The buyer is advised to verify capacity, zoning, utility availability, and development feasibility according to current regulations..


Listed by Kelvin Garcia Realty


Location

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Data Source: Statistics Canada
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