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Calle II 2 3301 COMBATE
Exceptional Turnkey Investment Opportunity | Combate Beach, Cabo Rojo, Puerto…
Residential Income
$685,000
503 CARR MAYOR CANTERA STREET
503 CARR MAYOR CANTERA STREET
Residential Income
$360,000
Description
ATTENTION INVESTORS! High-Potential Multifamily Opportunity in Ponce. VACANT 4-story building, ready for immediate cash flow or a βValue-Addβ conversion. Solid structure with approx. 4,000 SqFt of livable space designed to maximize return on investment (ROI) with an estimated market rent potential of $3,200/month.
Layout and Expansion Potential:
Levels 1, 2, and 3: Spacious 3BR/2BA units each. Perfect for stable long-term rentals or government housing assistance programs.
Level 4: 3BR/1BA unit (needs improvements) with the flexibility to optimize into 2 separate 1BR/1BA units.
Scale from 4 to 6 or 8 units! All levels have the layout potential to be divided into 1BR/1BA apartments for short-term rentals (Airbnb).
Infrastructure and Key Advantages:
Total Independence: 4 separate water meters and 4 electric meters already installed (tenants pay their own utilities!).
Galvalume roof (requires maintenance).
Strategic urban location in Ponce (Cantera Sector), steps away from universities, hospitals, and shopping centers. High rental demand. Located in a minimal flood risk zone (Zone X).
βReady to Rentβ property, ideal for setting your own market rent rates. Call today to schedule a showing and run the numbers!
Additional Details
- Laundry Features: None
- Cooling: None
- Street Number: 503
- Directions: From Highway PR-52 (Luis A. FerrΓ© Expressway): Take the exit toward Ponce Centro/Ponce Urban Zone. Merge onto Av. Santiago de los Caballeros (PR-12) heading North. Continue straight until you reach Av. Tito Castro (PR-14). Turn left onto Av. Tito Castro/PR-14, then make a right turn onto Calle Mayor Cantera. The property will be located on your right. GPS Coordinates: 18.018791, -66.612248.
- Listing Id: PR9122035
- List Office Name: KELLER WILLIAMS GRAND HOMES
- List Agent Full Name: Clara ColΓ³n Bou
- Foundation Details: Block
- List Agent MLS Id: 743516876
- List Office MLS Id: 742009058
- Lot Size Area: 2987
- Street Name: CARR MAYOR CANTERA
- Utilities: Electricity Available, Public, Water - Multiple Meters
- Lot Size Square Feet: 2987
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30 Years Fixed, 3.5% Interest
- Principle and Interest
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