Active

$360,000

Features:
  • 12 Bedrooms
  • 7 Bathrooms
  • 4000 sq ft
Overview
  • ID: MFRPR9122035
  • Bedrooms: 12
  • Bathrooms: 7
  • Size: 4000 sq ft
Property Details
Remarks
ATTENTION INVESTORS! High-Potential Multifamily Opportunity in Ponce. VACANT 4-story building, ready for immediate cash flow or a "Value-Add" conversion. Solid structure with approx. 4,000 SqFt of livable space designed to maximize return on investment (ROI) with an estimated market rent potential of $3,200/month. Layout and Expansion Potential: Levels 1, 2, and 3: Spacious 3BR/2BA units each. Perfect for stable long-term rentals or government housing assistance programs. Level 4: 3BR/1BA unit (needs improvements) with the flexibility to optimize into 2 separate 1BR/1BA units. Scale from 4 to 6 or 8 units! All levels have the layout potential to be divided into 1BR/1BA apartments for short-term rentals (Airbnb). Infrastructure and Key Advantages: Total Independence: 4 separate water meters and 4 electric meters already installed (tenants pay their own utilities!). Galvalume roof (requires maintenance). Strategic urban location in Ponce (Cantera Sector), steps away from universities, hospitals, and shopping centers. High rental demand. Located in a minimal flood risk zone (Zone X). "Ready to Rent" property, ideal for setting your own market rent rates. Call today to schedule a showing and run the numbers!
Financial Considerations
Price:
$360,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$90
Tax Legal Description:
N/A
Exterior Features
Lot Size:
2987
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
12
Bathrooms:
7
Heating:
None
Cooling:
None
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1980
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
N/A
Map
  • Address
    503 CARR MAYOR CANTERA ST
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 975,000
avt
Daniel Dourado
$ 714,000
avt
Daniel Dourado
$ 850,000
avt
Daniel Dourado
$ 2,529,000
avt
Daniel Dourado
$ 315,000
avt
Daniel Dourado
$ 875,000
avt
Daniel Dourado
$ 499,000
avt
Daniel Dourado
$ 650,000
avt
Daniel Dourado
$ 1,100,000
avt
Daniel Dourado
$ 345,000
avt
Daniel Dourado
$ 1,495,000
avt
Daniel Dourado
$ 799,000