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Cupey Plaza Suite 3B San Juan, PR 00926
Puerto Rico

Details
Area | Mayaguez |
Sub Area | Balboa (Barrio) |
Country | Puerto Rico |
Price | $350,000 |
Property Type | House |
Bedrooms | 7 |
Bathrooms | 6 |
Floor Space | 2800 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 is for sale with enormous growth and income potential. Located at 73 Balboa Street, Mayagüez, this mixed-construction property (concrete and wood) offers multiple sources of income from day one. On the first floor, entirely made of concrete, is a bar-style restaurant with years of experience, which includes all equipment and inventory: wine rack, refrigerators, freezer, stove, fryers, sinks, air conditioners, tables, chairs, and more. This space is currently rented for $2,250 per month. Additionally, on this level, there is a one-bedroom, one-bathroom apartment with a living room and kitchen located behind the business. On the second floor, made of wood, there are 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 apartment with a living room, dining room, kitchen, large balcony, rear terrace, and laundry area (rented for $550). The property also has 5 electric meters, 2 water meters, a carport, and a storage area. It is located just 1.181 miles from UPRM (approximately a 6-minute drive), close to shops, services, and high-traffic areas. Current income is $3,075 per month, with one-year contracts. Asking price: $350,000. Coordinates: 18.204361, -67.132096. Don't miss this opportunity!..
Listed by Pedro Omar Realty
Location
About
Marylyn C. Salva Biography
Broker/Owner (2008) and attorney at law-notary public (1994).
I have over 25 years in the real estate practice, initially as an attorney, dealing with estates, contracts, commercial, residential, and foreclosure related affairs. Her law practice led me to become a Real Estate Broker, which become my passion since 2008.
My Broker career started just at the beginning of Puerto Rico economic recession. From a resale market to a foreclosure and underwater market. We adapted and strive! Today I handle as an exclusive broker, foreclosure properties, short sales and became a BPO/CMA expert.
In 2016, became part of the Re/Max family,
under the franchisee name Re/Max Zone, established at the Capital City, San
Juan. Indeed, everything I was looking for. A respectable company, centered in
helping Sellers, Buyers and Agents reached their goals.
On 2017, Hurricane Maria hit the Island, but only showed how strong we were, striving amidst the chaos, we stood up to the challenge, lending a helping hand and becoming part of the movement “Puerto Rico se LEVANTA!” (Puerto RIco RISES).
We are stronger than ever and keep growing, proving our ability to evolve, adapt and survive. Serving all Puerto Rico, determined to fulfill our Mission to serve you!