Km 5.8 Carr 311, Cabo Rojo, PR 00623
- $1,800,000
- List Price
- $1,800,000
- Status
- Active
- Days on Market
- 360
- MLS#
- PR9115300
- Property Style
- Multi-Family 5+
- Year Built
- 2000
- Lot Size
- 10,767
- Acres
- 0.25
- Total Acreage
- 1/4 to less than 1/2
- Development Name
- Las Lilas Court
- MLS Area Major
- Cabo Rojo
Property Description
Excellent investment opportunity in Cabo Rojo! This commercial property features 12 fully rented apartments, each with 2 bedrooms, 1 bathroom, kitchen, living room, and a private parking space. The building includes laundry facilities and is centrally located in Cabo Rojo and less than 10 minutes to Joyuda, making it ideal for long-term rentals, student housing, or short-term stays. Each unit has its own water and electric meter and can be easily converted into individual condos by applying for separate property tax (catastro) numbers. All units are currently rented, generating steady and reliable income. Perfect for investors looking for passive income and future growth potential in a high-demand coastal area.
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Additional Information
- Community Features
- No Deed Restriction
- Air Conditioning
- Mini-Split Unit(s)
- Exterior Construction
- Block, Concrete
- Roof
- Concrete
- Foundation
- Block, Concrete Perimeter
- Pool
- No Pool
- Garage Features
- Parking Spaces - 6 to 12
- Flood Zone Code
- x
- Parcel ID
- 283-096-921-24
Listing courtesy of FOX REALTY. 941-893-7850
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