Property

Ownership: For Sale
Type: House
Bedrooms: 1 BR
Bathrooms: 1
Area: 434 sq ft
Lot Size: 65 sq ft

Financials

Price:$59,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Grand Homes

CALLE COLON House Ponce

Description

INVESTMENT OPPORTUNITY IN PONCE Maximize your Return on Investment (ROI)—just minutes away from the city center! Located in Barrio Clausells, only 5 minutes from downtown Ponce (Pueblo), this property is the perfect turnkey opportunity for short-term rentals (Airbnb) or long-term leasing. Property Features: Layout: 1 bedroom / 1 private bathroom. Living Spaces: Functional open-concept living room, dining area, and kitchen. Extras: Separate laundry area and a cozy balcony. Modernized: Brand new flooring and modern ceiling fascias with integrated LED lighting. Ready to generate immediate income! Terms of Sale & Legal Status: Legal Condition: The property is being sold under a Usufruct Right status (Derecho de Usufructo), meaning the structure is privately owned while the land belongs to the Municipality of Ponce. Please note that the property is not registered in the Property Registry of Puerto Rico (Registro de la Propiedad). Financing: It does not qualify for traditional mortgage financing (FHA, Conventional, VA, etc.). This transaction is strictly Cash Only. Requirement: Proof of Funds (bank letter or statement) is strictly required prior to coordinating any showings..

Neighborhood

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.