Multifamily property of 6 units, in Arecibo.
For Sale

$ 585,000.00

This property has been viewed 883 times.

listing details
  • Listing ID: 001953052012
  • Property type: Multi-family
  • Contract type: For Sale
  • Price: $ 585,000.00
  • Listed by: RE/MAX METRO/PLAYA
  • Bathrooms: 12
  • Bedrooms: 18
  • Construction size: 9,200.00 Sq. Ft. - 854.71 Sq Mt.
features
  • Garage open
Description

Discover this excellent investment opportunity in Arecibo: a three level building with 6 spacious apartments, each with approx. 1,412 sq. ft., 3 bedrooms, 2 bathrooms, maid's quarters and private balcony.

The property features a classic facade with arches and balconies that provide cross ventilation and natural light, ideal for the long term rental market or for multi-generational housing projects.

Key features:


  • 6 identical units approx. 1,412 pc each

  • 3H / 2B per apartment + maid's quarters

  • Private balcony in each unit

  • Wide hallway and balcony design favoring ventilation

  • Solid structure and comfortable layout for families

  • Location in residential area with access to stores, services and main roads of Arecibo


Potential:


  • Attractive cash flow due to number and size of units

  • Possibility to optimize rents, divide into condominiums (according to regulations) or maintain as multifamily for portfolio

  • Stable rental demand in the north area.

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