$1,800,000
Active · 302 days on market · MLS# MFRPR9115300
| Lot size | 0.25 acres |
|---|---|
| Year built | 2000 |
| Property type | Multi-Family 5+ |
| Waterfront | Yes |
| County | Cabo Rojo |
Excellent investment opportunity in Cabo Rojo! This commercial property features 12 fully rented apartments, each with 2 bedrooms, 1 bathroom, kitchen, living room, and a private parking space. The building includes laundry facilities and is centrally located in Cabo Rojo and less than 10 minutes to Joyuda, making it ideal for long-term rentals, student housing, or short-term stays. Each unit has its own water and electric meter and can be easily converted into individual condos by applying for separate property tax (catastro) numbers. All units are currently rented, generating steady and reliable income. Perfect for investors looking for passive income and future growth potential in a high-demand coastal area.
Listing courtesy of Jessica Fox, FOX REALTY. Presented by MC Homes Realty Inc · 727432218.