$274,900
Active · 169 days on market · MLS# MFRPR9115577
| Bedrooms | 6 |
|---|---|
| Living area | 2,000 sq ft |
| Lot size | 0.06 acres |
| Year built | 1990 |
| Property type | Multi-Family 5+ |
| Garage spaces | 3 |
| Private pool | Yes |
| Waterfront | Yes |
| County | Mayagüez |
Income-producing 5-unit multi-family property in Mayagüez, located near the University of Puerto Rico at Mayagüez (UPRM). This property has generated approximately $3,000 a month in rental income for over 8 years, primarily from student tenants, offering consistent and reliable returns. The property includes three units with 2 bedrooms and 1 bathroom each, one studio with a bathroom, and one unit with 1 bedroom and 1 bathroom. Four out of five units have air conditioning. The property operates with a single water and electric meter, with utilities included in the rent. Situated with in walking distance to UPRM, this property benefits from strong student demand. It is also close to shopping centers, restaurants, parks, and beaches, making it a highly desirable rental location. With its proven rental history and prime location, this multi-family property presents an excellent opportunity for investors seeking immediate income and long-term appreciation.
Listing courtesy of Wilfried Leammon, PUERTO RICO REAL ESTATE, PSC. Presented by MC Homes Realty Inc · 727432218.