Prime Income-Generating Property Near UPR – 20 Residential Units & 1 Commercial Space, Rio Piedras, Puerto Rico

listing details

Listing ID: 001953052007
Property type: Commercial building
Contract type: For Sale
Price: $ 2,500,000.00
Listed by: RE/MAX METRO/PLAYA
Bathrooms: 20
Bedrooms: 55
Stories/Floor: 4
Construction size: 0.00 Sq. Mt. - 0.00 Sq Ft.

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Description

This exceptional income-generating property, located in a highly sought-after area across from PR-25 and UPR, offers a unique investment opportunity. With 20 residential units, including 15 spacious three-bedroom apartments and 5 two-bedroom units, it is currently generating approximately $20,000 in monthly rental income, with only 2 vacant units. A commercial space adds further potential for income.

Each unit features individual power and water meters, and ongoing renovations ensure modern living spaces with new appliances and fresh paint. A new elevator, being installed by Deya, will be ready by October, adding even more value to the property. Additionally, a stunning mural by a local artist enhances the building's aesthetic appeal. This is a rare chance to acquire a turnkey investment in a prime location with long-term growth potential.