Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Bedrooms: | 6 BR |
| Bathrooms: | 6 |
| Lot Size: | 0.3 Acres |
Financials
Price:$1,250,000
Listing Courtesy of ISLAND WEST PROPERTIES
Discover an exceptional investment opportunity in Rincon with this expansive multi unit property, thoughtfully designed to maximize income potential.
Description
Discover an exceptional investment opportunity in Rincon with this expansive multi-unit property, thoughtfully designed to maximize income potential. This is your opportunity to live in a beautiful, spacious (approx. 2,400 SqFt) 3 bedroom, 3 bath home with the kitchen of your dreams on the top floor with full solar system included, while generating rental income from the others. Or create a thriving short- or long-term rental business, this property offers endless possibilities. Downstairs you have a spacious 1 bed, 1 bath with kitchen, living room and attached car port, that could be a second bedroom by adding one wall. The first floor also houses a two car garage that has traditionally been reserved for the owner but could be converted into another rental unit since it is approx. 525 SqFt. This sprawling property also has 2 detached studio apartments. The first is a concrete structure that has 521 interior SqFt plus another 145 SqFt of covered patio, its own driveway and was just recently constructed. The second is a smaller container converted into a studio with a gazebo for the entrance and it's own driveway, which would be perfect for short term rentals.
This 1,355 SqM (1/3 acre) lot is located in a peaceful, established neighborhood, you'll enjoy the perfect balance of privacy and convenience. Residents can appreciate the quiet surroundings while remaining just minutes from shopping, restaurants, schools, beaches of both Rincon and Aguada. Ample parking, generous outdoor space especially to add a pool, and a desirable location further enhance its appeal and long-term value of this property.
With strong rental income potential, versatile living arrangements, and a prime location that combines tranquility with accessibility, this rare multi-unit home is an outstanding opportunity for investors and owner-occupants alike. Qualified buyers only please.
Amenities
- Balcony
- Electricity Connected
- French Doors
- Golf Carts Ok
- High ceiling
- Kennel
- Water Connected
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.