University Gardens Investment Opportunity – Río Piedras, Puerto Rico
Not published
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
This multifamily property in Río Piedras features four independent units, each with a bedroom, bathroom, living room, dining area, and kitchen.
Key Features:
- Equipped with a 23 kW generator for backup power.
- Situated on a 553 m² lot, offering space for expansion.
- Strong income potential due to high rental demand.
- Strategically located near universities, hospitals, and shopping centers.
- Excellent accessibility to major roads.
This property is ideal for investors or those seeking a central residence. FIXER UPPER
Last confirmed
- Year built
- 1960
- Type
- House
- Land
- 5,920 ft²
What this listing includes
- Backup generator
- Parking
What people say about Puerto Rico
Accounts from Puerto Rico agree on one point above all: the electric grid.
- Concern Unreliable grid and outages; backup power treated as a normal ownership cost
- Concern Hurricane and flood exposure; insurance limits, exclusions and timing need checking before buying
- Positive Foreign buyers can hold title; purchase runs through option contract, title study and attorney-notary
- Mixed Act 60 incentives still attract buyers but are narrowing and conditional for new applicants
Cost of entry
The asking price is not what it costs.
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