Address
Km 3.3 Carr. 429, RINCON, PR
Price
$ 1,050,000
Property Attributes
  • MLS#PR9104696
  • TypeIncome
  • CountyRINCÓN
  • CityRINCON
  • AreaRincon
  • NeighborhoodBo. Barrero
  • Zip00677
  • StyleMulti Family
  • Price$ 1,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5179
  • Lot Size0.2 Acres
Data Source:
Stellar MLS
Property Description

New List Price! Stunning multi-building complex with ocean-views and steps from the water, this property with five fully furnished units has exactly what you have been looking for in an investment property! The main structure has 4 units plus a storage area and there is a detached studio unit with its own balcony below. The top level has two fully updated units with modern finishes and design, new appliances and air conditioning. Unit 1 is 2 bedrooms, 2 baths, Unit 2 is 2 bedrooms plus studio and 1 bath. Excellent ocean views from the large outdoor deck. Below are two more apartments, Unit 3 is 1 bedroom, 1 bath and Unit 4 is 2 bedrooms 2 bath with a garden patio. There is parking for 7 cars on the property plus roadside parking for an additional 7 cars if needed. The property is fully registered in Puerto Rico property registry and is installed with hurricane shutters, backup water system, solar water heating, large utility room for storage with laundry and drier. Located on Rd 429 in the Rincon neighborhood of Barrero, close to the world famous Horned Dorset resort with beach access just steps away. Superb, characterful multi-unit complex with modern, contemporary design. Perfect for short term rental business with option to live in one unit while living from the income from others. Includes ample storage area and utility room including laundry washer and drier. All units are fully furnished with all kitchen appliances and include split-system ACs. Located in the charming and desirable Barrero neighborhood of Rincon it includes a tropical garden and planted area that is easy to maintain while providing papaya, passion fruit, guanabana, bananas and much more. All units enjoy ocean and sunset views and there is a small local beach just across the road a few steps away.

Price History
2/19/2024 Listed $1,175,000
4/30/2024 11% - $1,050,000

General Features

Interior Features Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Solid Surface Counters
Sewer Septic Tank
Heating None
Cooling Mini-Split Unit(s)
Utilities Cable Available,Electricity Connected,Water Connected
Possession Close of Escrow
Roof Cement
Appliances Cooktop,Dryer,Electric Water Heater,Microwave,Refrigerator,Washer
Exterior Features Balcony,Hurricane Shutters,Rain Barrel/Cistern(s),Storage
Zoning R4
Construction Materials Concrete
Year Built 1980
View Water
Property SubType Multi Family
Percent Ownership Fee Simple
County Rincn
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name BO. BARRERO
Garage Y/N No
Status Active
Directions Driving South On Carr. 429 from Rincon towards Anasco,continue to KM 3.2 and the property is on the left,go left and driveway entrance is on the right.
ModificationTimestamp 2024-05-07T18:13:41.277Z
City RINCON
Buyer Agent Compensation 4.5%
View Y/N Yes
NumberOfUnitsTotal 5
MLS Area 00677 - Rincon
Lot Size Units Square Feet
Lot Size Square Feet 8847
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Property Condition Completed
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=syz8eyWpfYQ&mls=1
Days on Market 78
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water View Gulf/Ocean - Partial
Water Access Y/N No
Additional Rooms Storage Rooms
Water View Y/N Yes
Flood Zone Code X

Interior Features

Flooring Ceramic Tile
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Laundry Features Laundry Room
LivingAreaSource Owner

Exterior Features

Parking Features Off Street
Lot Features Irregular Lot,Sloped
Water Source Public
Lot Size Area 8847
Foundation Details Pillar/Post/Pier
Number of Buildings 2
Lot Size Acres 0.2
Road Surface Type Asphalt
Number of Separate Water Meters 1
Number of Separate Electric Meters 1
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 00677

Price
AVG $880K
$1.05M
Visits
AVG 564
711
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1980

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