Prime Investment Opportunity: Spectacular Multi-Family Property in Puerto Rico

Cll Felipe Colon, San Sebastián, 00685 0

$200,000 After Repair Value -
$140,000 Asking Price -
$0 Cost of Repairs =
$60,000 Potential Profit

Property Details

Asking Price $140,000

After Repair Value $200,000

Costs of Repairs $0

Potential Profit $60,000

Living Area N/A

Property Type Multi-Family

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 4

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,800

Yearly Expenses $0

Property Taxes $800

Net Operating Income N/A

Cap Rate N/A

Property Description

Stunning Dual-Unit Gem with Incredible Potential! This remarkable 2-family property in Puerto Rico offers the perfect blend of comfort, convenience, and investment opportunity. The first unit features a spacious layout with 3 bedrooms, a well-appointed kitchen, a welcoming living room, an elegant dining room, and a modern bathroom. The second unit boasts 2 bedrooms, a charming kitchen, a cozy living room, a delightful dining room, and a stylish bathroom. Both units offer the convenience of an upper patio, allowing you to enjoy the island\'s beautiful weather.The property also boasts a four-car garage, providing ample space for parking and storage. Additional amenities include an outside laundry area, making chores a breeze. With recent updates such as fresh exterior paint and a sealed roof, you can rest assured knowing that no repairs are needed.Currently, the first-floor unit has a tenant in place, generating rental income of $425 per month. However, the tenant will be relocating, presenting an excellent opportunity for you to occupy the first unit or find a new tenant. The second-floor unit is vacant, allowing for immediate occupancy or the chance to secure a new tenant at your discretion.Conveniently located near shopping centers and various amenities, this property offers easy access to everything you need. Plus, with a mere 15-minute drive to the beach, you\'ll have the luxury of enjoying Puerto Rico\'s pristine coastline whenever you desire.Optional opportunity for Airbnb Rental for $100 per night for 2 bedroom/ $140 per night for 3 bedroom. Don\'t miss out on this outstanding investment prospect! With comparable properties in the area selling for $190,000 and $215,000, this multi-family gem is priced to sell. Seize the opportunity to own a lucrative property in Puerto Rico\'s thriving real estate market today!


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