Ferrer Ramos
PoBox 547. Dorado, PR 00646
Puerto Rico
Details
| Area | Mayaguez |
| Sub Area | Balboa (Barrio) |
| Country | Puerto Rico |
| Price | $350,000 |
| Property Type | House |
| Bedrooms | 7 |
| Bathrooms | 6 |
| Floor Space | 3000 Square Feet |
| Lot Size | 261.63 m² |
| Year Built | 1950 |
| Parking | 1 Space, Garage |
| MLS® # | 59572 |
Unique commercial and residential investment opportunity in Mayagüez! This versatile corner property with enormous growth and income potential is for sale. Located at 73 Balboa Street, Mayagüez, this mixed-construction (concrete and wood) property offers multiple income streams from day one. The first floor, entirely concrete, houses a well-established bar-style restaurant, complete with all equipment and inventory: bottle rack, refrigerators, freezer, stove, fryers, sinks, air conditioners, tables, chairs, and more. This space is currently rented for $2,250 per month. Also on this level is a one-bedroom, one-bathroom apartment with a living room and kitchen located behind the business. The second floor, constructed of wood, features three apartments: one with two bedrooms and one bathroom, a living room, dining room, kitchen, and balcony; another with one bedroom and one bathroom, a living room, and kitchen (currently rented for $275); and a 3-bedroom, 1-bathroom unit with a living room, dining room, kitchen, large balcony, back patio, and laundry area (currently rented for $550). The property also features 5 electric meters, 2 water meters, a carport, and storage space. It is located just 1 mile from UPRM University (approximately a 6-minute drive), close to shops, services, and high-traffic areas. Current rental income is $3,075 per month, with one-year leases in place. Asking price: $350,000. Coordinates: 18.204361, -67.132096. Don't miss this opportunity!..
Listed by Pedro Omar Realty
Location
About
Remax Dorado Realty offers the expertise and the right service to ensure that your real estate goals are met! Our agents are veteran RE/MAX professionals that can tackle your real estate needs quickly, efficiently and accurately.
If you're buying
We can answer questions on home financing and local community issues.
Our staff are Dorado residents that know the area by heart. We will help
you determine your specific needs and work hard to find a home with all
the amenities you're looking for, at a price you can afford.
If you're ready to sell
Our agents can help you determine your property's worth in today's
market. We develop an individual marketing plan to sell your property
quickly and at the right price. And as part of the community and RE/MAX,
we have access to a long list of potential buyers for your property.
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