$475,000
844 CARR 844 KM 3.5, SAN JUAN, PR 00929
ActiveProperty details
About this home
INVESTMENT OPPORTUNITY - MULTI-UNIT PROPERTY ON 3.59 ACRES IN CUPEY BAJO, SAN JUAN. A rare value-add play in one of San Juan's most in-demand corridors. LOCATION: Cupey Bajo, minutes from Ave. Dona Felisa Rincon, with quick access to hospitals, universities, schools, restaurants and main thoroughfares - privacy and green space without giving up the city. THE LAND: 3.5945 cuerdas (14,127.80 sq meters / approx. 3.49 acres) of usable, gently sloping land already planted with mature mango, breadfruit and banana. Ample room for residential expansion, an agricultural project, a private estate or mixed use, subject to permits. EXISTING STRUCTURES - 3 RESIDENTIAL UNITS: Building 1 is a two-story multi-family structure. First level: 4 bedrooms, 2 bathrooms, living room, dining room and kitchen. Second level: 3 bedrooms, 1 bathroom, living room, dining room and kitchen. Building 2 is a detached single-family residence with 3 bedrooms, 2 bathrooms, living room, dining room, kitchen and a 2-car carport. FOR THE INVESTOR: The structures need improvements, which is exactly where the upside sits - renovate, raise value, optimize rents or develop the land. Ideal for a value-add or buy-and-hold strategy. Sold as-is. CASH SALE ONLY. Proof of funds required to schedule showings. Buyer and buyer's agent to verify all measurements, permits and zoning.
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR815211517. Listing brokerage: ROY CUEBAS ROUX. Status: Active.
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