$675,000
Pending · 14 days on market · MLS# MFRPR9121575
| Bedrooms | 8 |
|---|---|
| Bathrooms | 7 |
| Living area | 3,500 sq ft |
| Lot size | 0.09 acres |
| Year built | 1970 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| County | Toa Baja |
Located in Levittown Lakes, Toa Baja, this seven-unit, fully furnished, income-generating property presents an exceptional turnkey investment opportunity for buyers seeking immediate cash flow. Situated on approximately 350 square meters of land with approximately 3,500 square feet of construction, the property comprises one two-bedroom, one-bathroom unit, two studios, and four one-bedroom, one-bathroom units, offering a versatile mix of units that appeals to a wide range of tenants and short-term rental guests. The property includes approximately six parking spaces and a swimming pool, further enhancing its appeal for rentals and the guest experience. It currently generates approximately $125,000 in annual gross income with an estimated capitalization rate of 14.8 prct, making it an attractive opportunity for investors seeking to acquire a stable asset with proven performance and strong income potential from day one. CRIM: $3,979 annually.
Listing courtesy of Alejandro Perez Hernandez, ARK REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.