Multi-Family Investment Opportunity | 50% Below Appraisal 3-story multi-family building featuring 7 units (6 currently rented, 1 move-in/rent-ready). Active income-producing property priced at 50% below its recent appraisal of $784,000-an extraordinary opportunity for immediate cash flow of up to $39,900/year. Upside Potential: Per seller, converting or optimizing units through the "Plan 8" Housing Choice Voucher program offers higher-than-current market rates, providing clear room for substantial revenue growth. Prime Location & High Visibility: Situated along PR-185, a major commercial artery connecting Canóvanas and Juncos (passing through Gurabo Abajo) with direct access to PR-30 toward Caguas. Excellent traffic exposure from local residents, commuters, and regional professionals. PROPERTY HIGHLIGHTS: Corner lot with direct street access 7 designated parking spaces Well-maintained reinforced concrete construction Private balconies on all three levels Ideal for savvy investors, physicians, accountants, or local business owners seeking a stabilized income stream with immediate equity upon purchase. Property sold in AS-IS condition.
| MLS # | PR9124165 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1985 |
| Days On Site | 11 |
| Listing Provided By | COLDWELL BANKER OF PR | Eric Maldonado Matias |
| Bed(s) | 15 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 6,720 |
| Car Port | Yes |
| Zoning | R-I |
| Acreage | 0.10 |
| State | PR |
|---|---|
| County | Juncos |
| City | JUNCOS |
| Zip Code | 00777 |
| Area | 00777 Juncos |
| Community Name | LAS PIÑAS |
| Listing VS Median (in LAS PIÑAS) | |
Price: $395,000 low | high Med: $395,000 sqft: 6,720 low | high Med: 6,720 $ / sqft: $59 low | high Med: $59 On site: 11 low | high Med: 11 | |
| State | PR |
|---|---|
| County | Juncos |
| City | JUNCOS |
| Zip Code | 00777 |
| Area | 00777 Juncos |
| Community Name | LAS PIÑAS |
| Listing VS Median (in LAS PIÑAS) | |
Price: $395,000 low | high Med: $395,000 sqft: 6,720 low | high Med: 6,720 $ / sqft: $59 low | high Med: $59 On site: 11 low | high Med: 11 | |