503 Carr Mayor Cantera St, Ponce, Puerto Rico 00717

  • $360,000
503 CARR MAYOR CANTERA STREET, Ponce, PR 00717
  • Quadruplex, Residential Income
  • Property Type
  • 12
  • Bedrooms
  • 7
  • Bathrooms
  • 1980
  • Year Built
Active For Sale
503 Carr Mayor Cantera St, Ponce, Puerto Rico 00717
503 CARR MAYOR CANTERA STREET, Ponce, PR 00717
  • $360,000

Description

ATTENTION INVESTORS! High-Potential Multifamily Opportunity in Ponce. VACANT 4-story building, ready for immediate cash flow or a “Value-Add” conversion. Solid structure with approx. 4, 000 SqFt of livable space designed to maximize return on investment (ROI) with an estimated market rent potential of $3, 200/month. Layout and Expansion Potential: Levels 1, 2, and 3: Spacious 3BR/2BA units each. Perfect for stable long-term rentals or government housing assistance programs. Level 4: 3BR/1BA unit (needs improvements) with the flexibility to optimize into 2 separate 1BR/1BA units. Scale from 4 to 6 or 8 units! All levels have the layout potential to be divided into 1BR/1BA apartments for short-term rentals (Airbnb). Infrastructure and Key Advantages: Total Independence: 4 separate water meters and 4 electric meters already installed (tenants pay their own utilities!). Galvalume roof (requires maintenance). Strategic urban location in Ponce (Cantera Sector), steps away from universities, hospitals, and shopping centers. High rental demand. Located in a minimal flood risk zone (Zone X). “Ready to Rent” property, ideal for setting your own market rent rates. Call today to schedule a showing and run the numbers!

Details

Property ID
PR9122035
Bedrooms
12
Bathrooms
7
Land Area
0.07 Acres
Year Built
1980
MLS#
PR9122035

Features

Additional details

  • Listing Terms: Cash, Conventional, FHA
  • Roof: Metal
  • Utilities: Electricity Available, Public, Water - Multiple Meters
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None
  • County: Ponce
  • Property Type: Residential Income

Address

  • Address 503 CARR MAYOR CANTERA STREET
  • City Ponce
  • State/county PR
  • Zip/Postal Code 00717
  • Country US

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Contact Information

Homar Real Estate
  • Homar Real Estate
  • (787) 640-6294‬ (787) 640-6296‬
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