Km 0.1 Carr 412 Int, Rincon, PR 00677

$749,000
10
BD
5
BA
3,154
SqFt

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List Price
$749,000
Status
Active
Days on Market
531
Price Change
▼ $26,000 1773450409
MLS#
PR9111954
Property Style
Single Family
Year Built
1990
Bedrooms
10
Bathrooms
5
Living Area
3,154
Lot Size
15,252
Acres
0.35
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Pueblo Ward
MLS Area Major
Rincon

Property Description

Prime Turnkey Multifamily Investment Opportunity in Rincon, Puerto Rico Discover a rare investment opportunity in Rincon, Puerto Rico, the "Surf Capital of the Caribbean," with this turnkey multifamily property located in the heart of Rincon Town Center. This fully operational property offers a solid return on investment with both short-term and long-term rental potential. Situated walking distance to Rincon’s lively town square, it offers tenants a perfect balance of residential tranquility and easy access to numerous restaurants, bars, and local shops. The stunning Rincon beaches are also just a short drive away, ensuring the property is poised to attract year-round rental demand. This property spans three levels and features five separate apartments, each with its own private kitchen, living area, and bathroom, all equipped with air conditioning for optimal comfort. The first level includes a 1-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment with a balcony, offering a cozy and welcoming living space. The second level houses two 2-bedroom, 1-bath apartments, both featuring spacious walkout terraces. The ground level includes a 3-bedroom, 1-bath apartment with ample living space. Each unit is designed for tenant convenience, with multiple parking spaces and a laundry facility located on the lower level. The property sits on a 1,417 m² lot, providing plenty of room for future development or additional amenities, which could increase both rental income and overall property value. The mixed zoning offers flexibility for potential expansion, adding even more value to this already promising investment. Gross Building Area of 3,908 SF. and a Gross Living Area of 3,153 SF, this property is an excellent opportunity for both experienced and new investors. Rincon’s growing popularity as a tourist and residential destination makes this property an excellent choice for anyone seeking to capitalize on the area's continued appreciation and demand. Whether you are looking to enter the lucrative short-term rental market or secure long-term rental income, this multifamily property offers flexibility and potential for significant returns. With easy access to the town center and nearby beaches, it offers the perfect mix of convenience, comfort, and prime location. This is your chance to invest in a thriving market at an attractive price. Don’t miss out on this exceptional multifamily opportunity in Rincon. Contact us today for more information and to schedule a tour.

Additional Information

Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
Three+ Story
Zoning
RI
Interior Layout
Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo
Interior Features
Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo
Floor
Ceramic Tile, Concrete
Appliances
Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Propane, Water Connected
Heating
None
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Block, Concrete
Exterior Features
Balcony
Roof
Concrete
Foundation
Block, Concrete Perimeter
Pool
No Pool

Listing courtesy of FOX REALTY. 941-893-7850

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