Multi-Family Investment Opportunity | 50% Below Appraisal 3-story multi-family building featuring 7 units (6 currently rented, 1 move-in/rent-ready). Active income-producing property priced at 50% below its recent appraisal of $784,000—an extraordinary opportunity for immediate cash flow of up to $39,900/year. Upside Potential: Per seller, converting or optimizing units through the "Plan 8" Housing Choice Voucher program offers higher-than-current market rates, providing clear room for substantial revenue growth. Prime Location & High Visibility: Situated along PR-185, a major commercial artery connecting Canóvanas and Juncos (passing through Gurabo Abajo) with direct access to PR-30 toward Caguas. Excellent traffic exposure from local residents, commuters, and regional professionals. PROPERTY HIGHLIGHTS: Corner lot with direct street access 7 designated parking spaces Well-maintained reinforced concrete construction Private balconies on all three levels Ideal for savvy investors, physicians, accountants, or local business owners seeking a stabilized income stream with immediate equity upon purchase. Property sold in AS-IS condition.
Listing courtesy of COLDWELL BANKER OF PR. 787-528-1643
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