Bought with J&M REALTY
$250,000
$295,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
10,162 SqFt
SOLD DATE : 08/31/2023
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 10,162 sqft
Price per Sqft $24
MLS Listing ID PR9094680
Sold Date 08/31/23
Construction Status Completed
HOA Y/N No
Year Built 1975
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 941
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Mixed commercial building of 2 levels with 6 commercial units with half bathrooms, all on the first level and four comfortable apartments with three bedrooms and two bathrooms on the second level. All commercial units and apartments have individual electricity and water meters. In the back of the property there is private and secure parking for 6 cars. At this moment 3 of the apartments and 1 of the commercial units are rented and generate $1,550 monthly rent. If the other units are prepared the 10 units have the potential to produce over $5,000 in rental income per month. The building is located near highway 2 and very close to downtown Mayaguez, just minutes away from hospitals, universities, medical offices, restaurants, stores and shopping centers such as Mayaguez Mall, Mayaguez Town Center and others. The property needs repairs, but after put in rental condition can give a return on investment in a short period.
Location
State PR
County Mayagüez
Area 00680 - Mayaguez
Zoning CO-1
Interior
Heating None
Cooling None
Flooring Ceramic Tile
Exterior
Parking Features Parking Spaces - 6 to 12
Utilities Available Water Connected, Public, Sewer Nearby
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Construction Status Completed
Others
Ownership Corporation
Special Listing Condition None
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