Active

$395,000

Features:
  • 15 Bedrooms
  • 7 Bathrooms
  • 6720 sq ft
Overview
  • ID: MFRPR9124165
  • Bedrooms: 15
  • Bathrooms: 7
  • Size: 6720 sq ft
Property Details
Remarks
Multi-Family Investment Opportunity | 50% Below Appraisal 3-story multi-family building featuring 7 units (6 currently rented, 1 move-in/rent-ready). Active income-producing property priced at 50% below its recent appraisal of $784,000—an extraordinary opportunity for immediate cash flow of up to $39,900/year. Upside Potential: Per seller, converting or optimizing units through the "Plan 8" Housing Choice Voucher program offers higher-than-current market rates, providing clear room for substantial revenue growth. Prime Location & High Visibility: Situated along PR-185, a major commercial artery connecting Canóvanas and Juncos (passing through Gurabo Abajo) with direct access to PR-30 toward Caguas. Excellent traffic exposure from local residents, commuters, and regional professionals. PROPERTY HIGHLIGHTS: Corner lot with direct street access 7 designated parking spaces Well-maintained reinforced concrete construction Private balconies on all three levels Ideal for savvy investors, physicians, accountants, or local business owners seeking a stabilized income stream with immediate equity upon purchase. Property sold in AS-IS condition.
Financial Considerations
Price:
$395,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$58.78
Tax Legal Description:
N/A
Exterior Features
Lot Size:
4763
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
15
Bathrooms:
7
Heating:
Electric, Natural Gas
Cooling:
None
Appliances:
None
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
Three Or More
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1985
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Northwest
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
A consultar con el propietario actual
Map
  • Address
    ST 185 km 18.8 LAS PIÑAS
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