Vega Baja, Vega Baja, PR
Property Description
Two-story multi-family home with 5 apartments. This property has 2 water meters and 2 electricity meters. Apartment 1 has 3 bedrooms, 1 bathroom, a kitchen, a dining room, a living room, a balcony, and a carport. Apartments 2, 3, and 5 each have 2 bedrooms, 1 bathroom, a kitchen, a dining room, a living room, and a balcony. Apartment 4 is a studio apartment. Currently, 3 of the apartments are rented. Enjoy passive income with this excellent property! With a projected gross income of $3,950 per month ($47,400 per year) with market rents ranging from $550 to $1,000 per unit for long-term leases. Located near a variety of restaurants, gas stations, supermarkets, sports centers, schools, pharmacies, and beaches, with easy and direct access to the entire metropolitan area, ensuring convenience and easy access to all essential services. This property is not for sale based on appraisal. R3 and CDBG funds are not accepted. This property does not qualify for an FHA or Veterans Affairs mortgage. A pre-qualification letter is required for conventional financing and/or proof of funds for cash purchases. For more photos or videos of the property, please contact the real estate agent..
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $300,000 |
| Year Built: | 1971 |
| Lot Size: | 3,728.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 5 |
ID: 3yd-SJBRPR-67469
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Remax Real Estate Professionals
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Jared Ennis
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Rick Recckio
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Greg Corbin
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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Andrew Schildcrout