Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Duplex |
| Pets: | Pets Allowed |
| Lot Size: | 14 Acres |
Financials
Price:$1,800,000
Common charges:$131
Listing Courtesy of WG REALTY GROUP LLC
Eligible for tax benefits under Act 60, offering attractive incentives for Puerto Rico residents and investors.
Description
Eligible for tax benefits under Act 60, offering attractive incentives for Puerto Rico residents and investors.
Exclusive income property opportunity in Santa Teresita, Ocean Park, Puerto Rico!
9-Unit Multifamily Property: 1 Studio, 6 1-Bedroom Units, 2 2-Bedroom Units. Approx. 6,000 sqft of construction area with potential for upgrade and rent increases.
Located steps from OCEAN PARK beach in a high-demand area with year-round tourist activity, driven by proximity to Condado, Isla Verde, and LMM Airport.
Potential for generating income through short-term rentals or traditional leasing.
High appreciation: similar properties have seen annual increases of +8% in recent years.
Amenities
- Balcony
- Cable - Available
- Electricity Available
- Other
- Water Available
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.