Multi-Family Investment Opportunity in Cabo Rojo, PR
Property Address: Lot-B SR-307 Km 1.3 Pedernales Ward, Cabo Rojo, PR 00623
Price: $275,000
This multi-family property, located in the Pedernales Ward of Cabo Rojo, offers a unique opportunity for both investors and potential homeowners. The property features two units with a combined gross living area of 1,696 sq. ft. across two floors. Each unit offers 3 bedrooms and 1 bathroom, along with additional outdoor living spaces such as porches, balconies, and a shared BBQ area. This versatile layout makes it ideal for generating rental income or as a spacious primary residence.
Property Features:
Lot Size: 386 sqm (0.10 acres)
Structure: Concrete construction, built in 1983
Condition: Well-maintained with no major repairs needed
Utilities: Independent electricity and water meters for each unit
Outdoor Amenities: Covered BBQ area, wood/metal gazebo, 2 laundries, and a paved driveway with space for 2 vehicles
Prime Location:
Cabo Rojo is one of Puerto Rico’s most sought-after coastal towns, known for its stunning beaches and vibrant tourism. The property is just minutes away from Buye Beach and Boquerón, two of the 121 accessible beaches in the area. Additionally, Cabo Rojo offers scenic trails perfect for walking, biking, and outdoor enthusiasts. The property’s proximity to local restaurants, shops, and amenities ensures convenience while enjoying a peaceful suburban lifestyle.
Investment Potential:
Given its layout, this property provides an excellent opportunity for generating rental income, with estimated potential annual gross income of $15,000. The neighborhood is predominantly residential, with stable demand for both single and multi-family properties. Cabo Rojo’s growing tourism and local economy further enhance the investment appeal.
Don’t miss out on this opportunity to own a multi-family property in one of Puerto Rico’s top coastal destinations.
Property Address: Lot-B SR-307 Km 1.3 Pedernales Ward, Cabo Rojo, PR 00623
Price: $275,000
This multi-family property, located in the Pedernales Ward of Cabo Rojo, offers a unique opportunity for both investors and potential homeowners. The property features two units with a combined gross living area of 1,696 sq. ft. across two floors. Each unit offers 3 bedrooms and 1 bathroom, along with additional outdoor living spaces such as porches, balconies, and a shared BBQ area. This versatile layout makes it ideal for generating rental income or as a spacious primary residence.
Property Features:
Lot Size: 386 sqm (0.10 acres)
Structure: Concrete construction, built in 1983
Condition: Well-maintained with no major repairs needed
Utilities: Independent electricity and water meters for each unit
Outdoor Amenities: Covered BBQ area, wood/metal gazebo, 2 laundries, and a paved driveway with space for 2 vehicles
Prime Location:
Cabo Rojo is one of Puerto Rico’s most sought-after coastal towns, known for its stunning beaches and vibrant tourism. The property is just minutes away from Buye Beach and Boquerón, two of the 121 accessible beaches in the area. Additionally, Cabo Rojo offers scenic trails perfect for walking, biking, and outdoor enthusiasts. The property’s proximity to local restaurants, shops, and amenities ensures convenience while enjoying a peaceful suburban lifestyle.
Investment Potential:
Given its layout, this property provides an excellent opportunity for generating rental income, with estimated potential annual gross income of $15,000. The neighborhood is predominantly residential, with stable demand for both single and multi-family properties. Cabo Rojo’s growing tourism and local economy further enhance the investment appeal.
Don’t miss out on this opportunity to own a multi-family property in one of Puerto Rico’s top coastal destinations.
Property Details
Price:
$275,000
MLS #:
PR9109596
Status:
Active
Beds:
0
Baths:
0
Address:
Lot-B SR-307 Km 1.3 GUANIQUILLA PEDERNALES WARD BUYE BEACH ROAD
Type:
Multi Family
Subtype:
Duplex
Subdivision:
PEDERNALES WARD
Neighborhood:
00623 – Cabo Rojo
City:
CABO ROJO
Listed Date:
Oct 21, 2024
State:
PR
Finished Sq Ft:
1,696
Total Sq Ft:
1,696
ZIP:
00623
Lot Size:
4,155 sqft / 0.10 acres (approx)
Year Built:
1983
Units:
2
See this Listing
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Schools
Interior
Cooling
Mini- Split Unit(s)
Heating
None
Laundry Features
Common Area, Laundry Closet
Exterior
Construction Materials
Block, Concrete
Exterior Features
Balcony
Roof
Cement, Concrete
Financial
Map
Community
- AddressLot-B SR-307 Km 1.3 GUANIQUILLA PEDERNALES WARD BUYE BEACH ROAD CABO ROJO PR
- SubdivisionPEDERNALES WARD
- CityCABO ROJO
- CountyCabo Rojo
- Zip Code00623
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Courtesy of EDDIE NIEVES SANTIAGO. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. Lot-B SR-307 Km 1.3 GUANIQUILLA PEDERNALES WARD BUYE BEACH ROAD
CABO ROJO, PR
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