Notify me of more listings like this...

Create your own personal listing search:

  • Get a specialty tailored website for all your matched properties.
  • Get notified immediately as a new property matches your search criteria.
  • Track properties as they sell.
  • Follow market trends and stats.
  • Gain access to all property details.
Always FREE, Sign up in under 1 minute!

Get Started
Unique Opportunity Multi-Unit Investment Property | $220,000 | MLS# 64449
Jesus Carrasquillo Ramos Agent Photo
Jesus
Carrasquillo Ramos
C. (787) 664-2089
P. (787) 664-2089
License #: C24070
Phone Jesus http://criomarrealty.com
Crio Mar Realty
HC 3 Box 18522 Rio Grande, PR 00745

Puerto Rico
MLS# 64449

Details

%
Years (35 year max)
Years



AreaRio Grande
Sub AreaMalpica (Barrio)
State/ProvinceRio Grande
CountryPuerto Rico
Price$220,000
Property TypeHouse
Bedrooms5
Bathrooms3
Floor Space2500 Square Feet
Lot Size4559.01 m²
Year Built1990
Parking4 Spaces, Open
MLS® #64449

Multifamily property located in one of the areas with the greatest growth potential in Rio Grande. This property combines immediate cash flow with ample land for future development, ideal for investors or buyers seeking to maximize their return. Situated near El Yunque National Natural Park and Camarero Racetrack, the property benefits from a strategic location with access to tourist and recreational areas, as well as major roads. Property Layout First Level: 1 bedroom, 1 bathroom Second Level: 2 bedrooms, 1 bathroom Spacious and well-distributed areas Land Area: 4,559.01 square meters Approximately equivalent to: 1.6 acres Large lot with potential for: Expansion of existing units Additional construction Investment project development Current Income Generating approximately $700 per month in rent Opportunity to increase income through optimization or short-term rentals Investment Potential This property represents a clear opportunity for: Passive income generation Multifamily development Short-term rental strategy (Airbnb) Owners who wish to occupy one unit and rent the other The combination of multiple units, large lot, and strategic location positions it as a solid investment with growth potential..


Listed by Kelvin Garcia Realty


Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)
Next
The blue circle drawn on the map represents the area which is most likely to contain listings comparable to Unique Opportunity Multi-Unit Investment Property. If you wish, you may adjust the circle by dragging the white center handle to move it, or dragging one of its other white handles to resize it. Press the 'Next' button at the top when finished.

Adjust the values below if necessary

Bedrooms
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
Bathrooms
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+

When finished, press the 'Next' button


Done

When finished filling out your details, press the 'Done' button. You will receive an email shortly, which will contain login details and additional information to access your listings

Thank you! You will receive an email shortly, which will contain login details and additional information to access your listings. Close Oops, there was a problem signing up:

Try Again
Cancel