$775,000
$75K PRICE DROP

Km 0.1 Carr 412 Int Rincon, PR 00677

Estimated payment $5,071/month

Total Views 5,128
10 Beds
5 Baths
3,154 Sq Ft
$246 Price per Sq Ft

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Closet Cabinetry
  • Balcony
  • Eat-In Kitchen
  • Laundry Room

About This Home

Prime Turnkey Multifamily Investment Opportunity in Rincon, Puerto Rico
Discover a rare investment opportunity in Rincon, Puerto Rico, the "Surf Capital of the Caribbean," with this turnkey multifamily property located in the heart of Rincon Town Center. This fully operational property offers a solid return on investment with both short-term and long-term rental potential. Situated walking distance to Rincon’s lively town square, it offers tenants a perfect balance of residential tranquility and easy access to numerous restaurants, bars, and local shops. The stunning Rincon beaches are also just a short drive away, ensuring the property is poised to attract year-round rental demand.
This property spans three levels and features five separate apartments, each with its own private kitchen, living area, and bathroom, all equipped with air conditioning for optimal comfort. The first level includes a 1-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment with a balcony, offering a cozy and welcoming living space. The second level houses two 2-bedroom, 1-bath apartments, both featuring spacious walkout terraces. The ground level includes a 3-bedroom, 1-bath apartment with ample living space. Each unit is designed for tenant convenience, with multiple parking spaces and a laundry facility located on the lower level.
The property sits on a 1,417 m² lot, providing plenty of room for future development or additional amenities, which could increase both rental income and overall property value. The mixed zoning offers flexibility for potential expansion, adding even more value to this already promising investment. Gross Building Area of 3,908 SF. and a Gross Living Area of 3,153 SF, this property is an excellent opportunity for both experienced and new investors.
Rincon’s growing popularity as a tourist and residential destination makes this property an excellent choice for anyone seeking to capitalize on the area's continued appreciation and demand. Whether you are looking to enter the lucrative short-term rental market or secure long-term rental income, this multifamily property offers flexibility and potential for significant returns. With easy access to the town center and nearby beaches, it offers the perfect mix of convenience, comfort, and prime location.
This is your chance to invest in a thriving market at an attractive price. Don’t miss out on this exceptional multifamily opportunity in Rincon. Contact us today for more information and to schedule a tour.

Listing Agent

Jessica Fox

FOX REALTY License #22755

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 0.35 Acre Lot
  • West Facing Home
  • Property is zoned RI

Home Design

  • Block Foundation
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,154 Sq Ft Home
  • 3-Story Property
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Closet Cabinetry
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Balcony

Utilities

  • No Heating
  • Propane
  • 2 Septic Tanks
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pueblo Ward Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 3154
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3908
  • Lot Size Sq Ft: 15252
  • Directions to Property: From the town center go up 412 int km 0.1. Make right and up in the intersection.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 679724536
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 245.72
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Bedroom Closet Type: Built-in Closet
  • Bedroom Closet Type: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete
  • Full Bathrooms: 5
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo
  • Appliances Included: Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Concrete Perimeter
  • Total Bedrooms: 10
  • Levels: Three Or More
  • Stories: 3
  • Street Number Modifier: Km 0.1
  • ResoLivingAreaSource: Appraiser
  • Living Area Meters: 293.02
  • Room Count: 15

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Water Connected
  • Cooling: Ductless
  • Heating: None
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: None
  • Number Of Septics: 2

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: RI
  • Parcel Number: 125-001-030-11-001
  • Additional Parcels: No
  • Flood Zone Code: x
  • Lot Size Square Meters: 1417

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Price Changed $775,000 -8.8% $246 / Sq Ft
02/27/2025 02/27/25 For Sale $850,000 -- $269 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: PR9111954

Stellar MLS