Salva
Cupey Plaza Suite 3B San Juan, PR 00926
Puerto Rico
Details
| Area | Corozal |
| Sub Area | Palos Blancos (Barrio) |
| State/Province | Corozal |
| Country | Puerto Rico |
| Price | $380,000 |
| Property Type | House |
| Bedrooms | 12 |
| Bathrooms | 4 |
| Floor Space | 5100 Square Feet |
| Lot Size | 863.00 m² |
| Year Built | 1996 |
| Parking | 6 Spaces, Open |
| MLS® # | 64815 |
Multifamily Investment Opportunity | 4 Units + Separate House Price: $380,000 Excellent opportunity for investors seeking a property with a solid income base and potential for increased returns. The property features 4 units in the main building, all in good condition, plus an additional separate house on the same lot, for a total of 5 potential income units. Layout: Unit 1: 4 bedrooms / 1 bathroom Unit 2: 3 bedrooms / 1 bathroom Unit 3: 3 bedrooms / 1 bathroom Unit 4: 2 bedrooms / 1 bathroom Unit 5: Separate house with 3 bedrooms / 1 bathroom One of the units already generates $1,100 per month, and the 4 main units offer an attractive foundation to begin generating income. The additional separate house requires improvements and finishing touches to make it ready for rental, offering the buyer the opportunity to add value and increase the property's monthly income. Estimated income potential once stabilized: approximately $5,000 to $5,250 per month, subject to final condition, necessary improvements, and current market rents. At this income level, the property represents an attractive opportunity for investors seeking cash flow, multiple units, and value growth on a single property. Ideal for investors looking for a value-add property with four functional units and a fifth independent unit with the potential to increase returns..
Listed by Keller Williams Grand Homes
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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