$250,000
Active · 1 days on market · MLS# MFRPR9116301
| Bedrooms | 4 |
|---|---|
| Living area | 2,323 sq ft |
| Lot size | 0.13 acres |
| Year built | 1970 |
| Property type | Quadruplex |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $1,170 |
| County | Ponce |
Investment Opportunity in Ponce – Santa María Urbanization. Are you looking for a property that generates immediate passive income? This multi-family property is the ideal option for you. This property generates approximately $3,200 per month, distributed across four units, with a proven history of continuous occupancy since 2003. Income Distribution: Apartment 1 (1 bedroom): $850, Apartment 2 (1 bedroom): $900, Apartment 3 (1 bedroom): $800, Apartment 4 (studio): $650, (If there is an additional occupant, the rent increases $250 per month). The property is located steps from the Catholic University and has always been rented to graduate students from the School of Law and Medicine, which ensures a profile of reliable, responsible, and stable tenants. Key Features: Valid use permit for all units, Parking for one vehicle per unit, Excellent occupancy and management history, and Strategic location in one of the most sought-after areas of Ponce (minutes from the city center, Plaza del Caribe and other shops and points of interest). This is a safe investment, with immediate return and high appreciation potential in the Ponce real estate market. Contact us today to schedule a visit and secure your next investment. *The propery is being sold As-Is.*
Listing courtesy of Alex Cintron Vega, CINTRON REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.