Urb Mayaguez Terrace 3021 CALLE RAMON POWER Mayagüez, Puerto Rico

Property Type: Residential Income
Subtype: Multi Family
Status: Active
6
Rooms
Baths
$274,900
Sale
Income-producing 5-unit multi-family property in Mayagüez, located near the University of Puerto Rico at Mayagüez (UPRM). This property has generated approximately $3,000 a month in rental income for over 8 years, primarily from student tenants, offering consistent and reliable returns. The property includes three units with 2 bedrooms and 1 bathroom each, one studio with a bathroom, and one unit with 1 bedroom and 1 bathroom. Four out of five units have air conditioning. The property operates with a single water and electric meter, with utilities included in the rent. Situated with in walking distance to UPRM, this property benefits from strong student demand. It is also close to shopping centers, restaurants, parks, and beaches, making it a highly desirable rental location. With its proven rental history and prime location, this multi-family property presents an excellent opportunity for investors seeking immediate income and long-term appreciation.
Address: Urb Mayaguez Terrace 3021 CALLE RAMON POWER Mayagüez, Puerto Rico 00682

Additional Details

Interior

Total Bedrooms
6
Other Interior Features
Kitchen/Family Room Combo

Exterior

Construction Materials
Cement Siding, Concrete
Garage Space
3
Heating
Propane
Cooling
Ductless
Other Exterior Features
Balcony, Sidewalk

General

Days on Market
5
Garage
Yes

Area and Lot

Lot Size in Acres
0.06
Living Area in SQFT
2000
Utilities
Cable Available, Electricity Available, Water Available

Financial

Annual Tax
$0
HOA Fees
$0

Location

Driving Directions to Calle Dr. José E. Arrarás, Mayagüez 00682 Head northwest on Carr. Puerto Rico 2 N / Av. Eugenio María de Hostos (PR-2 N) toward PR-3108. After about 80 meters, make a U-turn at PR-3108. Continue for approximately 450 meters, then turn left onto Calle Carlos E. Chardón. Drive about 25 meters, then turn left onto Calle Dr. José E. Arrarás. Continue straight for 300 meters. Turn right onto Calle 2 / Calle San Gerardo and continue for 130 meters. Turn right onto Calle 3 / Calle Ramón Power. Your destination will be on the right.

Interested in this property? Get in touch

Wilfried Leammon

License: #20014
STE 2 - 271
Aguadilla Puerto Rico, 00603

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