









Carrasquillo Ramos
HC 3 Box 18522 Rio Grande, PR 00745
Puerto Rico

Details
Area | Arenas |
Sub Area | Las Marias (Sector) |
State/Province | Utuado |
Country | Puerto Rico |
Price | $135,000 |
Property Type | House |
Bedrooms | 6 |
Bathrooms | 2 |
Floor Space | 1115 Square Feet |
Lot Size | 1115.00 m² |
Year Built | 2000 |
Parking | Spaces, N/A |
MLS® # | 57241 |
Excellent investment opportunity in the heart of Utuado. This two-story concrete residence has been completely remodeled and is in exceptional condition. Its strategic location is just steps from banks, schools, the hospital, and the town center. Ideal for serious buyers who already have a pre-qualification letter and are looking for a property with immediate income potential. The property features security bars and screens on all windows, ensuring comfort and protection. Its layout is as follows: First level: 3 bedrooms, 1 full bathroom, large walk-in closet, living room, dining room, and kitchen. Second level: 3 bedrooms, 1 full bathroom, living-dining room, and kitchen. The property currently generates $1,100 per month in rent, including $700 from a current Section 8 contract. This represents an immediate income opportunity for the buyer. Structurally sound and functional, this property has all its documents in order and is ready for transfer. It qualifies for FHA financing, FHA with a CDBG subsidy, and conventional loans. Important: The property does not have a carport or covered parking space. However, its prime location and profitability far outweigh this limitation. Viewings will only be scheduled for buyers who present proof of bank pre-qualification or proof of funds in the case of a cash offer. Take advantage of this opportunity to acquire a property that can be both your residence and a reliable source of income..
Listed by OG Consulting LLC