Salva
Cupey Plaza Suite 3B San Juan, PR 00926
Puerto Rico
Details
| Area | Rio Grande |
| Sub Area | Malpica (Barrio) |
| State/Province | Rio Grande |
| Country | Puerto Rico |
| Price | $168,000 |
| Property Type | House |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Floor Space | 1800 Square Feet |
| Lot Size | 4559.01 m² |
| Year Built | 1990 |
| Parking | 4 Spaces, Open |
| MLS® # | 64449 |
Excellent opportunity for investors seeking immediate income and maximizing the potential of a property with ample land. Located in one of the fastest-growing areas of Rio Grande, this property is strategically situated minutes from El Yunque National Forest, Camarero Racetrack, Rio Grande beaches, and approximately 10 minutes from The Outlet 66 in Canovanas, with easy access to main roads, shopping, restaurants, and services. The property features two independent residential units: First level: 1 bedroom and 1 bathroom. Second level: 2 bedrooms and 1 bathroom. Currently generating approximately $700 per month in rent, offering immediate income from day one. What truly sets this property apart is its approximately 4,559.01 square meter (1.16 cuerdas) lot, providing multiple possibilities for: Expanding existing structures. Building additional units. Developing a multi-family project. Creating a short-term rental concept. Maximizing future investment returns. The tourist location and the area's continued growth make this property an excellent alternative for investors seeking capital appreciation and income generation. Cash Only Sale. This property offers potential for appreciation and development, existing income, and ample land for future expansion. Don't miss this opportunity to acquire a property with current cash flow and significant growth potential. Buyers are advised to conduct their due diligence regarding lot size, zoning, utility availability, and development feasibility according to current regulations..
Listed by Kelvin Garcia 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!
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