Salva
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 | 3000 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 with enormous growth and income potential is for sale. Located at 73 Balboa Street, Mayagüez, this mixed-construction (concrete and wood) property offers multiple income streams from day one. The first floor, entirely concrete, houses a well-established bar-style restaurant, complete with all equipment and inventory: bottle rack, refrigerators, freezer, stove, fryers, sinks, air conditioners, tables, chairs, and more. This space is currently rented for $2,250 per month. Also on this level is a one-bedroom, one-bathroom apartment with a living room and kitchen located behind the business. The second floor, constructed of wood, features 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 unit with a living room, dining room, kitchen, large balcony, back patio, and laundry area (currently rented for $550). The property also features 5 electric meters, 2 water meters, a carport, and storage space. It is located just 1 mile from UPRM University (approximately a 6-minute drive), close to shops, services, and high-traffic areas. Current rental income is $3,075 per month, with one-year leases in place. 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!
Share to Facebook
Send using WhatsApp
Post to X
Share to Pintrest