Property with 9 Units | $850,000
Carlos Caro Ramos Agent Photo
Carlos
Caro Ramos
C. (787) 951-5784
 P. (787) 951-5784
 License #: C17376
 Phone Carlos http://www.caroramosrealty.com
Caro Ramos Realty
PO Box 91 Mayaguez, PR 00681
Puerto Rico

Details

%
Years (35 year max)
Years



AreaRío Piedras
Sub AreaSanta Rita (Urbanizacion)
State/ProvinceSan Juan
CountryPuerto Rico
Price$850,000
Property TypeHouse
Floors in Building3
Bedrooms9
Bathrooms9
Floor Space3000 Square Feet
Lot Size387.00 m²
Year Built1960
Parking5 Spaces, Open
MLS® #55982

2 multi-family properties steps from the Rio Piedras Upr, each with 4 apartments with their own independent entrance (The first Unit is delivered Finished). Each unit has its own electricity meters and 5 parking spaces. Both units can be sold or separately. The first unit has 4 apartments, 2 on floors and a terrace. All 1-1 apartments are fully remodeled and ready to rent. The second unit has 5 apartments convertible into 6. With 4 electricity meters. This unit needs improvement. Both units have an estimated ROI of 12% and an annual cash flow of approximately over 35k NOTE (These numbers may vary depending on the buyer)..

Listed by JD Realty

Location

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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.
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About

Welcome to Caro Ramos Realty, your resource for real estate in Puerto Rico. We help you in buying, selling, renting and managing properties.

Our services include the marketing of the property, market research in the area of ​​interest, analysis of comparables, coordination of appointments to show the properties, pre-qualification for prospective buyers, we provide assistance in legal aspects and financing processes with the banking institution, and procedures necessary to complete the sale or purchase of the property.

If you are buying or selling a property hire a company like ours, we know that the purchase of a home is one of the largest and most important investments and we are willing to help you throughout the transaction until it is completed. 

We're at your service

 

Carlos Caro

Real Estate Broker, Lic. C-17376

Real Estate General Instructor, Lic. IG-285