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Property Type:
Residential Income
Subtype:
Quadruplex
Status:
Active
Located in Levittown Lakes, Toa Baja, this fully furnished 7-unit income-producing property presents an exceptional turnkey investment opportunity for buyers seeking immediate cash flow. Situated on a lot of approximately 350 square meters with approximately 3,500 square feet of construction, the property is comprised of one 2-bedroom, 1-bathroom unit, two studio apartments, and four 1-bedroom, 1-bathroom units, offering a versatile unit mix that appeals to a wide range of tenants and short-term rental guests. The property includes approximately six parking spaces and a swimming pool, further enhancing its rental appeal and guest experience. Currently generating approximately $125,000 in annual gross income with an estimated cap rate of 14.8percent, this is an attractive opportunity for investors looking to acquire a stabilized asset with proven performance and strong income potential from day one. CRIM: $3,979 annually
Address:
R1491 PASEO DULCEMAR LEVITTOWN LAKES Toa Baja, Puerto Rico 00949
Additional DetailsInteriorLaundry Outside Other Interior Features Living Room/Dining Room Combo ExteriorConstruction Materials Concrete Parking Assigned Cooling Mini-Split Unit(s) Other Exterior Features Outdoor Grill, Storage Area and LotLot Size in Acres 0.09 Living Area in SQFT 3500 Utilities Electricity Connected, Water Connected FinancialAnnual Tax $0 HOA Fees $0 Location
From Luis Muñoz Marín International Airport, merge onto PR-26 West (Expreso Román Baldorioty de Castro) and continue toward San Juan. Follow the signs to merge onto PR-22 West (Expreso José de Diego) in the direction of Bayamón and Toa Baja. Continue on PR-22 West and take the exit for Levittown, then follow the local access roads into the Levittown community and proceed to Levittown Lakes.
Interested in this property? Get in touch
Alejandro Perez Hernandez
License:
#21641
1666 Ave. Ponce de Leon
San Juan Puerto Rico, 00909
Phone:
787-382-3720
Office:
787-382-3720
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