Prime Turnkey Multifamily Investment Opportunity in Rincon, Puerto Rico Discover a rare investment opportunity in Rincon, Puerto Rico, the "Surf Capital of the Caribbean," with this turnkey multifamily property located in the heart of Rincon Town Center. This fully operational property offers a solid return on investment with both short-term and long-term rental potential. Situated walking distance to Rincon’s lively town square, it offers tenants a perfect balance of residential tranquility and easy access to numerous restaurants, bars, and local shops. The stunning Rincon beaches are also just a short drive away, ensuring the property is poised to attract year-round rental demand. This property spans three levels and features five separate apartments, each with its own private kitchen, living area, and bathroom, all equipped with air conditioning for optimal comfort. The first level includes a 1-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment with a balcony, offering a cozy and welcoming living space. The second level houses two 2-bedroom, 1-bath apartments, both featuring spacious walkout terraces. The ground level includes a 3-bedroom, 1-bath apartment with ample living space. Each unit is designed for tenant convenience, with multiple parking spaces and a laundry facility located on the lower level. The property sits on a 1,417 m² lot, providing plenty of room for future development or additional amenities, which could increase both rental income and overall property value. The mixed zoning offers flexibility for potential expansion, adding even more value to this already promising investment. Gross Building Area of 3,908 SF. and a Gross Living Area of 3,153 SF, this property is an excellent opportunity for both experienced and new investors. Rincon’s growing popularity as a tourist and residential destination makes this property an excellent choice for anyone seeking to capitalize on the area's continued appreciation and demand. Whether you are looking to enter the lucrative short-term rental market or secure long-term rental income, this multifamily property offers flexibility and potential for significant returns. With easy access to the town center and nearby beaches, it offers the perfect mix of convenience, comfort, and prime location. This is your chance to invest in a thriving market at an attractive price. Don’t miss out on this exceptional multifamily opportunity in Rincon. Contact us today for more information and to schedule a tour.
502 days
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315
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16
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Zillow last checked:
Listing updated:
Listed by:
Jessica Fox941-893-7850,
FOX REALTY941-893-7850
Source: Stellar MLS,MLS#: PR9111954Originating MLS: Puerto Rico
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 5
Full bathrooms: 5
Primary bedroom
Features: Built-in Closet
Level: First
Other
Features: Built-in Closet
Level: Second
Other
Features: Built-in Closet
Level: Second
Bedroom 1
Features: Built-in Closet
Level: First
Bedroom 2
Features: Built-in Closet
Level: First
Bedroom 3
Features: Built-in Closet
Level: Second
Bedroom 4
Features: Built-in Closet
Level: Second
Bedroom 5
Features: Built-in Closet
Level: Second
Primary bathroom
Level: First
Bathroom 2
Level: First
Bathroom 3
Level: Second
Bathroom 4
Level: Second
Bathroom 5
Level: Third
Kitchen
Level: Third
Living room
Features: Built-in Closet
Level: Third
Heating
None
Cooling
Ductless
Appliances
Included: Microwave, Range, Refrigerator, Washer
Laundry: Laundry Room
Features
Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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