Carr 429 Bo Barrero Rincón, PR Bo. Barrero (Rincon, Puerto Rico, US - 00677) Built

$950,000

Michelle Maloy.com

Michelle Maloy Michelle Maloy 787-645-4870 (Cell) Request More Info

  • Type: Multifamily
  • Style: 2 Storey
  • Bedrooms: 9
  • Bathrooms: 8
  • Size: 3,852 sq. ft.
  • Development Level: Built
  • Lot Size: 701.79m
  • Year Built: 2000
  • Taxes: $397.00 (1)
  • MLS #: 44651

Description

PROPID- D3953
Prepare to be impressed by this superbly maintained multi-family home. Turn-key investment property with three actively rented units (and two ready to go) currently generating rental income - start earning from day 1!
This property enjoys abundant natural light, designed to enjoy life and the beautiful ocean view. Situated across the street from the ocean and beach access.
Key Features and Stats:
- 8716 sqft lot with 7 car parking spaces on-site; 8 further parking spaces along the road alongside the property
- three fully furnished and active rental units, two additional units furnished and ready to go - actual rental income in 2021 from three units $65k, forecast > $100k with all five running
- new windows and doors throughout the property
- instant hot water heater in Studio unit, solar water heating system installed for the main building
- includes backup water system with 1200 gallon tanks and pump
- new aluminum hurricane shutters installed
- property is available fully furnished and ready to move into one of the units and start your vacation rental business - quiet and powerful AC units in all apartments, fully equipped kitchens
- spacious utility and storage areas with laundry and drier installed
- utilities include 3 septic tanks, 2 electrical meters (100A each), new electrical and plumbing
- all of the units except one are self-check-in with keypad directly on the door and with the emergency lock-box with the key inside right by each door
Information on the units:
5 or 6 Units:
1 - Coral Suite: 2bd / 2bt; 1034 sqft with L-shaped balcony (additional 270 sqft)
2 - Deck / Passion Fruit suite: 2bd / 1 bt; total 589 sqft with deck (additional 225 sqft)
2a - studio / storage area, can be integrated with Deck unit: 402 sqft
3 - Appt #2 (ground floor, front), 1bd / 1bt, 611sqft with patio (additional 167sqft)
4 - Appt #1 (ground floor, back), 2bd / 2bt, 788sqft, front patio (94sqft), rear patio (135sqft)
5 - Storage area / utility / laundry - 364sqft
Separate Studio building - 428sqft, Deck 72sqft.
Coordinates: 18.298134, -67.228105

Attachments

Brokered and Advertised by : Tropical Coast Properties LLC
P2#500118493
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