$274,900

Urb Mayaguez Terrace Calle Ramon Power Mayaguez, PR 00682

Estimated payment $1,773/month

Total Views 203
-- Bed
-- Bath
2,000 Sq Ft
$137 Price per Sq Ft

Highlights

  • No HOA
  • Family Room Off Kitchen
  • 3 Car Attached Garage
  • Balcony

About This Home

Income-producing 5-unit multi-family property in Mayaguez, located near the University of Puerto Rico at Mayaguez (UPRM). This property has generated approximately $3,000 per month in rental income for over 8 years, primarily from student tenants, offering consistent and reliable returns.

The property includes three units with 2 bedrooms and 1 bathroom each, one studio with a bathroom, and one unit with 1 bedroom and 1 bathroom. Four out of five units have air conditioning. The property operates with a single water and electric meter, with utilities included in the rent.

Situated within walking distance to UPRM, this property benefits from strong student demand. It is also close to shopping centers, restaurants, parks, and beaches, making it a highly desirable rental location.

With its proven rental history and prime location, this multi-family property presents an excellent opportunity for investors seeking immediate income and long-term appreciation.

Listing Agent

Wilfried Leammon

PUERTO RICO REAL ESTATE, PSC Brokerage Phone: 787-492-0630 License #20014 Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Fiber Cement Roof
  • Concrete Roof
  • Metal Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Family Room Off Kitchen

Utilities

  • Heating System Uses Propane
  • Cable TV Available

Additional Features

  • Balcony
  • 2,562 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 5 Units
  • Bo Miradero Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233-006-663-09-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Cement Siding, Concrete
  • Fireplace: No
  • Living Area: 2000
  • Lot Size Acres: 0.06
  • New Construction: No
  • Year Built: 1990
  • Lot Size Sq Ft: 2562
  • Directions to Property: Driving Directions to Calle Dr. José E. Arrarás, Mayagüez 00682 Head northwest on Carr. Puerto Rico 2 N / Av. Eugenio María de Hostos (PR-2 N) toward PR-3108. After about 80 meters, make a U-turn at PR-3108. Continue for approximately 450 meters, then turn left onto Calle Carlos E. Chardón. Drive about 25 meters, then turn left onto Calle Dr. José E. Arrarás. Continue straight for 300 meters. Turn right onto Calle 2 / Calle San Gerardo and continue for 130 meters. Turn right onto Calle 3 / Calle Ramón Power. Your destination will be on the right.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 528031311
  • RATIO Current Price By Calculate: 137.45
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 787-492-0630
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Kitchen/Family Room Combo
  • Foundation Details: Slab
  • Street Number Modifier: Urb Mayaguez Terrace 3021
  • Living Area Meters: 185.81

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Ductless
  • Heating: Propane
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

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: RU-3
  • Parcel Number: 233-006-663-09-001
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 238

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 3000

Multi Family

  • Number Of Units Total: 5
  • Total Num Buildings: 1
  • Unit Count: 0

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
08/20/2025 08/20/25 For Sale $274,900 -- $137 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: PR9115577

Stellar MLS