503 CARR MAYOR CANTERA St, PONCE, PR 00717

Beds
12
Baths
7
Sqft
4,000

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byKELLER WILLIAMS GRAND HOMES
  • 0
  • 0

Overview

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!

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
12
Number of bathrooms
7
Square feet
4,000
Lot size (acres)
0.07
Year built
1980

Interior features

Laundry
None

Exterior features

Horse amenities
Stable

Utilities

Heating
None
Cooling
None
Sewer
Public Sewer
Water
Public Water

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Stellar MLS MLS®#: PR9122035 Last checked:

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.