Caribbean MLSReal Estate

Prime Income-Generating Property Near UPR

Not published

Year built
1900
Type
Commercial
Use
Mixed use
Occupancy
90%
Parking
0
Interior
Available on request
Land
Available on request

What this listing includes

  • Elevator
  • Parking
The brief

The reason to consider it.

This exceptional income-generating property, located in a highly sought-after area across from PR-25 and UPR, offers a unique investment opportunity. With 20 residential units, including 15 spacious three-bedroom apartments and 5 two-bedroom units, it is currently generating approximately $20,000 in monthly rental income, with only 2 vacant units. A commercial space adds further potential for income. Each unit features individual power and water meters, and ongoing renovations ensure modern living spaces with new appliances and fresh paint. A new elevator, being installed by Deya, will be ready by October, adding even more value to the property. Additionally, a stunning mural by a local artist enhances the building’s aesthetic appeal. This is a rare chance to acquire a turnkey investment in a prime location with long-term growth potential.

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law