Map
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Grid
- Multi Family
- Beds: 7
- SqFt: 1,661
- Built: 1975
- Lot Size: 0.01 acres
- Heating: Other
- Cooling: None, Other
LOCATION, LOCATION, LOCATION in the best coastal area of Arecibo, Puerto Rico. The opportunity you were waiting for has arrived, a multi-family property with a view and steps from the beach, for investment and with a lot of potential. A paradise next to the ocean!
This property consists of 1,661 sq ft distributed in 2 units as follows: first unit has 3 bedrooms, 1 bathroom, living room, dining room, kitchen and double carport and front balcony; Second unit has 4 bedrooms, 1 bathroom, living room, dining room, kitchen, front balcony, and ocean view.
This property can become whatever your imagination allows. It has 403 sq m of land, which provides development space for capital and income growth and has a garage with space for 2 cars or more.
It is a smart option for the smart investor, and even more importantly, it has separate electricity meters, and its location is strategically perfect. Also, it has a large front and side patio to enjoy a beautiful garden and day out. Important, not in flood zone.
IMPORTANT: Does not qualify for financing | Only cash sale | Needs repairs
Adjacent to: Nautic Club of Arecibo, Arecibo Lighthouse & Historical Park, Arecibo Motorsports, Hotels, Beauty Salon, Pharmacies, Supermarkets, Local Businesses, Laboratory, Natural Resources Vigilante Corps, Gas Stations, Salitre Mesón Costero Restaurant, Schools, Natural Cave, among others.
Surrounding Beaches: Punta Caracoles, La Poza del Obispo, Caza y Pesca, Islote, Tres Hermanos, Roca Cocinera, Caza del Juez, Caracoles, Las Criollas, among others.
Projected long-term rent: $1,100 (upstairs unit) and $1,000 (downstairs unit)
Projected short-term rental: $180 - $220 per night.
Projects that can be carried out: swimming pool, mobile home, dome, mini golf, gazebos, small cabins, among others.
- Construction Materials
- Block, Concrete
- Pets Allowed
- Yes
- Waterfront
- MLSID
- PR9103898
- Buyer Agency Compensation
- 1.75%
- Transaction Broker Compensation
- 0%
- Non-Rep Compensation
- 1.75%
The listing broker’s offer of compensation is made only to participants of the MLS
The Seller's Team
The Buyer's Team
Location
Traveling along highway 681 (in the direction of Arecibo towards Barceloneta) continue straight past the Club Náutico de Arecibo, then, at the stop, turn to your right, continue traveling along highway 681 until you reach Catalina del Mar Villa, once you pass Catalina del Mar Villa at the next entrance on the right you will see the property, it is on the corner.
About this area
Walk Score