$360,000
COMING SOON

503 Carr Mayor Cantera St Ponce, PR 00717

Estimated payment $2,301/month

Total Views 176
12 Beds
7 Baths
4,000 Sq Ft
2,987 Sq Ft Lot

About This Home

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!

Listing Agent

Clara Colón Bou

KELLER WILLIAMS GRAND HOMES Brokerage Phone: 787-706-8400 License #19678

KELLER WILLIAMS GRAND HOMES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Home Design

  • 4,000 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Metal Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Balcony
  • 2,987 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • Cantera Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

2,987 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4000
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 2987
  • Status: Coming Soon
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 90.00
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 787-706-8400
  • Special Features: ComingSoon

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Block
  • Total Bedrooms: 12
  • Living Area Meters: 371.61

Exterior Features

  • Exterior Features: Balcony
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available, Public, Water - Multiple Meters
  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Water

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R 3
  • Parcel Number: 389-032-056-27-001
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Total Num Buildings: 1
  • Unit Count: 4
  • Est Annual Market Income: 38400.00

Map

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Source: Stellar MLS

MLS Number: PR9122035

Stellar MLS
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