Urb Mayaguez Terrace 3021 CALLE RAMON POWER new Save Request In-Person Tour Request Virtual Tour
Mayaguez,PR 00682
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $137
Subdivision Bo Miradero
MLS Listing ID PR9115577
HOA Y/N No
Year Built 1990
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Income-producing 5-unit multi-family property in Mayagüez, located near the University of Puerto Rico at Mayagüez (UPRM). This property has generated approximately $3,000 per month in rental income for over 8 years, primarily from student tenants, offering consistent and reliable returns.
The property includes three units with 2 bedrooms and 1 bathroom each, one studio with a bathroom, and one unit with 1 bedroom and 1 bathroom. Four out of five units have air conditioning. The property operates with a single water and electric meter, with utilities included in the rent.
Situated within walking distance to UPRM, this property benefits from strong student demand. It is also close to shopping centers, restaurants, parks, and beaches, making it a highly desirable rental location.
With its proven rental history and prime location, this multi-family property presents an excellent opportunity for investors seeking immediate income and long-term appreciation.
Location
State PR
County Mayagüez
Community Bo Miradero
Area 00682 - Mayaguez
Zoning RU-3
Interior
Interior Features Kitchen/Family Room Combo
Heating Propane
Cooling Ductless
Fireplace false
Laundry None
Exterior
Exterior Feature Balcony,Sidewalk
Garage Spaces 3.0
Utilities Available Cable Available,Electricity Available,Water Available
Roof Type Cement,Concrete,Metal
Attached Garage true
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Cement Siding,Concrete
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9115577