Active

$274,900

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2000 sq ft
Overview
  • ID: MFRPR9115577
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2000 sq ft
Property Details
Remarks
Income-producing 5-unit multi-family property in Mayagüez, located near the University of Puerto Rico at Mayagüez (UPRM). This property has generated approximately $3,000 per month in rental income for over 8 years, primarily from student tenants, offering consistent and reliable returns. The property includes three units with 2 bedrooms and 1 bathroom each, one studio with a bathroom, and one unit with 1 bedroom and 1 bathroom. Four out of five units have air conditioning. The property operates with a single water and electric meter, with utilities included in the rent. Situated within walking distance to UPRM, this property benefits from strong student demand. It is also close to shopping centers, restaurants, parks, and beaches, making it a highly desirable rental location. With its proven rental history and prime location, this multi-family property presents an excellent opportunity for investors seeking immediate income and long-term appreciation.
Financial Considerations
Price:
$274,900
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$137.45
Tax Legal Description:
N/A
Exterior Features
Lot Size:
2562
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Cement, Concrete, Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Propane
Cooling:
Ductless
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1990
Construction Type:
Cement Siding, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    Urb Mayaguez Terrace 3021 CALLE RAMON POWER
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