Property

Ownership: For Sale
Type: House
Bedrooms: 9 BR
Bathrooms: 7½
Area: 7646 sq ft
Lot Size: 396.4 sq ft

Financials

Price:$360,000
505 Park Ave, New York, NY 10022
Listing Courtesy of 1450

CALLE 10 House Arecibo

Description

Excellent investment opportunity in Urb. Vista Azul, Arecibo! Spacious two-story property with ocean views from both levels, a versatile layout, and strong income-producing potential. The second floor, previously used as a lodging facility, features six bedrooms and seven communal-style bathrooms with multiple showers and toilets. The first floor offers a three-bedroom, two-bathroom residence. The property also includes two spacious double carports with potential for conversion into apartments or studios, subject to feasibility assessment and required permits. Its generous size and layout offer the potential to create four to five units overall. An excellent opportunity for investors exploring long-term rentals, lodging, or Airbnb use, subject to applicable permits and approvals. The first-floor residence is currently occupied by tenants. Please contact the listing broker directly for appointments, showings, and additional information. Sold AS IS. The price reflects the property’s current condition. Sale is not contingent upon appraisal. Contact Agent 787-478-1746 (386) 218-8175..

Neighborhood

More listings:

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.