Carrasquillo Ramos
HC 3 Box 18522 Rio Grande, PR 00745
Puerto Rico
Details
| Area | Rio Grande |
| Sub Area | Malpica (Barrio) |
| State/Province | Rio Grande |
| Country | Puerto Rico |
| Price | $220,000 |
| Property Type | House |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Floor Space | 2500 Square Feet |
| Lot Size | 4559.01 m² |
| Year Built | 1990 |
| Parking | 4 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
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