Lot-B SR-307 Km 1.3 Guaniquilla, Pedernales Ward, Buye Beach Road

Description

Multi-Family Investment Opportunity in Cabo Rojo, PR Property Address: Lot-B SR-307 Km 1.3 Pedernales Ward, Cabo Rojo, PR 00623 Price: $275,000 This multi-family property, located in the Pedernales Ward of Cabo Rojo, offers a unique opportunity for both investors and potential homeowners. The property features two units with a combined gross living area of 1,696 sq. ft. across two floors. Each unit offers 3 bedrooms and 1 bathroom, along with additional outdoor living spaces such as porches, balconies, and a shared BBQ area. This versatile layout makes it ideal for generating rental income or as a spacious primary residence. Property Features: Lot Size: 386 sqm (0.10 acres) Structure: Concrete construction, built in 1983 Condition: Well-maintained with no major repairs needed Utilities: Independent electricity and water meters for each unit Outdoor Amenities: Covered BBQ area, wood/metal gazebo, 2 laundries, and a paved driveway with space for 2 vehicles Prime Location: Cabo Rojo is one of Puerto Rico's most sought-after coastal towns, known for its stunning beaches and vibrant tourism. The property is just minutes away from Buye Beach and Boquern, two of the 121 accessible beaches in the area. Additionally, Cabo Rojo offers scenic trails perfect for walking, biking, and outdoor enthusiasts. The property's proximity to local restaurants, shops, and amenities ensures convenience while enjoying a peaceful suburban lifestyle. Investment Potential: Given its layout, this property provides an excellent opportunity for generating rental income, with estimated potential annual gross income of $15,000. The neighborhood is predominantly residential, with stable demand for both single and multi-family properties. Cabo Rojo's growing tourism and local economy further enhance the investment appeal. Don't miss out on this opportunity to own a multi-family property in one of Puerto Rico's top coastal destinations.