Multi-Family Investment Opportunity | 50% Below Appraisal
3-story multi-family building featuring 7 units (6 currently rented, 1 move-in/rent-ready). Active income-producing property priced at 50% below its recent appraisal of $784,000--an extraordinary opportunity for immediate cash flow of up to $39,900/year.
Upside Potential: Per seller, converting or optimizing units through the "Plan 8" Housing Choice Voucher program offers higher-than-current market rates, providing clear room for substantial revenue growth.
Prime Location & High Visibility: Situated along PR-185, a major commercial artery connecting Canovanas and Juncos (passing through Gurabo Abajo) with direct access to PR-30 toward Caguas. Excellent traffic exposure from local residents, commuters, and regional professionals.
PROPERTY HIGHLIGHTS:
Corner lot with direct street access
7 designated parking spaces
Well-maintained reinforced concrete construction
Private balconies on all three levels
Ideal for savvy investors, physicians, accountants, or local business owners seeking a stabilized income stream with immediate equity upon purchase.
Property sold in AS-IS condition.
