3,787 SqFt
3,787 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,787 sqft
Price per Sqft $118
Subdivision Villa Flores
MLS Listing ID PR9115484
HOA Y/N No
Year Built 1980
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Prime 1,513 SM lot featuring 3,787 SF of total construction with tremendous income potential. Property includes two commercial spaces (234 SF and 2,143 SF) with rental potential of $3,000/month, plus a partially updated 3BR/2BA residential unit ($1,200 potential). Additional income opportunities from 752 SF workshop ($700 potential) and storage facility ($400 potential). 25 parking stalls, including special needs spaces. Solar system in place with 15-year lease remaining. Total potential monthly income: $5,300. Strategic Ponce location ideal for a medical center, senior care facility, educational institution, or small industrial businesses. Updated kitchen, three separate electrical meters, one commercial water meter, workshop with galvalum construction, ample parking, and solar energy system. Potential gross monthly income $5,300, annual expenses $4,926 (TAX + utilities), excellent opportunity for an investor to maximize rental income.
Location
State PR
County Ponce
Community Villa Flores
Area 00780 - Ponce
Zoning INDUSTRIAL
Interior
Interior Features Ninguno
Heating None
Cooling Ductless
Fireplace false
Laundry Inside
Exterior
Exterior Feature Balcony, Fence
Utilities Available Cable Connected, Electricity Connected, Water Connected
Roof Type Cement
Garage false
Private Pool No
Building
Foundation Concrete Perimeter
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Other, Owner Financing
Listing Terms Cash, Other, Owner Financing
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9115484
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