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Income Producing Rental Property In Rincon, Puerto Rico | $700,000
Luis Adhel Rivera-Padilla Agent Photo
Luis Adhel
Rivera-Padilla
C. (787) 409-3673
P. (787) 409-3673
License #: C5473
Phone Luis Adhel
Luis Adhel Rivera Real Estate
199 Private Ct, Mayagüez, PR 00682

Puerto Rico

Details

%
Years (35 year max)
Years



AreaRincon
Sub AreaCalivache (Barrio)
State/ProvinceRincon
CountryPuerto Rico
Price$700,000
Property TypeHouse
Bedrooms13
Bathrooms5
Floor Space4928 Square Feet
Lot Size1400.00 m²
Year Built2001
Parking6 Spaces, Open
MLS® #56839

Discover a unique investment opportunity in the vibrant heart of Rincón, Puerto Rico! This expansive multi-family property offers an impressive 4,928 square feet of living space, featuring 5 separate rental units. Four apartments that are 3 bedrooms and 1 bathroom, and one studio apartment, all meticulously designed to accommodate both privacy and comfort. Perfectly set in the quaint and serene neighborhood of Calvache, this home not only provides peaceful living but also sits at the epicenter of connectivity and charm. Imagine your tenants strolling down to nearby attractions, indulging in local cuisines, or simply reveling in the scenic coastal vistas that Rincón is famed for. Designed with attention to quality, each unit within this property ensures durability and style, setting a premium standard of living without the premium price tag. What's more, the ample parking space resolves the urban issue of where to park your car. And talk about a bonus—this property is a veritable gold mine for savvy investors looking for substantial rental income. Let's just say, if walls could talk, they would sing tales of profits! Neighborhood gatherings, easy access to local amenities, and friendly faces contribute to an environment where everyone feels right at home. Whether you're a seasoned investor or looking for a place with potential to grow, this property in Calvache awaits with open arms (and open doors!). Ready to stake your claim in Rincón's growing real estate landscape? This multi-family dwelling is not just a building—it's a chance to build your future. Dive into this rare opportunity and watch your investment dreams take flight amidst the beautiful backdrop of Puerto Rico. Showings by appointment only, Proof of Funds or Pre Qualification required for appointments. Buyers agents welcome. List Price by Appraisal!!!..


Listed by Graves Realty


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Data Source: Statistics Canada
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About

My name is Luis Adhel Rivera Padilla. I was born in Mayagüez, Puerto Rico, my parents being Mr. Luis Adhel Rivera Datis, Professional Surveyor and Mrs. Elizabeth Padilla Nazario, School Teacher. Married to Mrs. Wanda Ivette Rodríguez Rivera, merchant, with whom I have two sons, Adhel José Rivera, who is studying his third year of Software Engineering at the University of Puerto Rico at Mayagüez and Adhel Esteban Rivera who is studying his second year of Software Engineering at the same university and Engineering College. Both were homeschoolers from kindergarten to 12th grade. I have a Master's Degree in Architecture from the School of Architecture of the University of Puerto Rico. I have always had an interest in sustainable urban and agricultural projects that can create a balance between construction areas and conservation zones. While studying for my master's degree, I studied Real Estate with Don Alberto Hernández and obtained my Real Estate Broker's license in 1991. With almost 31 years of experience in architecture and real estate, I hope to be of great help to all those interested in developing their projects. architecture and agricultural and real estate projects. I am part of a wide group of professionals who can guide you to develop your projects following all the requirements, codes and permits of government agencies concerning your projects.
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