AddressKm 3.3 Carr. 429, RINCON, PR, 00677

Price$1,050,000

  • Income
  • 5,179 SQ FT
  • Built in 1980

New List Price! Stunning multi-building complex with ocean-views and steps from the water, this property with five fully furnished units has exactly what you have been looking for in an investment property! The main structure has 4 units plus a storage area and there is a detached studio unit with its own balcony below. The top level has two fully updated units with modern finishes and design, new appliances and air conditioning. Unit 1 is 2 bedrooms, 2 baths, Unit 2 is 2 bedrooms plus studio and 1 bath. Excellent ocean views from the large outdoor deck. Below are two more apartments, Unit 3 is 1 bedroom, 1 bath and Unit 4 is 2 bedrooms 2 bath with a garden patio. There is parking for 7 cars on the property plus roadside parking for an additional 7 cars if needed. The property is fully registered in Puerto Rico property registry and is installed with hurricane shutters, backup water system, solar water heating, large utility room for storage with laundry and drier. Located on Rd 429 in the Rincon neighborhood of Barrero, close to the world famous Horned Dorset resort with beach access just steps away. Superb, characterful multi-unit complex with modern, contemporary design. Perfect for short term rental business with option to live in one unit while living from the income from others. Includes ample storage area and utility room including laundry washer and drier. All units are fully furnished with all kitchen appliances and include split-system ACs. Located in the charming and desirable Barrero neighborhood of Rincon it includes a tropical garden and planted area that is easy to maintain while providing papaya, passion fruit, guanabana, bananas and much more. All units enjoy ocean and sunset views and there is a small local beach just across the road a few steps away.

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Essential Information

  • MLS® #PR9104696
  • Price$1,050,000
  • Bathrooms0.00
  • Square Footage5,179
  • Acres0.20
  • Price/SqFt$203 USD
  • Year Built1980
  • TypeIncome
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • AddressKm 3.3 Carr. 429
  • AreaRincon
  • SubdivisionBO. BARRERO
  • CityRINCON
  • CountyRincón
  • StatePR
  • Zip Code00677

Amenities

  • ParkingOff Street
  • ViewWater

Interior

  • HeatingNone
  • CoolingMini-Split Unit(s)

Exterior

  • Lot DescriptionIrregular Lot, Sloped
  • RoofCement
  • FoundationPillar/Post/Pier

Additional Information

  • Date ListedFebruary 19th, 2024
  • Days on Market76
  • ZoningR4

Listing Details

  • OfficeISLAND WEST PROPERTIES

Interior Features

Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Solid Surface Counters

Appliances

Cooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

Exterior Features

Balcony, Hurricane Shutters, Rain Barrel/Cistern(s), Storage

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Price Change History for Km 3.3 Carr. 429, RINCON, PR (MLS® #PR9104696)

Date Details Change
Price Reduced from $1,175,000 to $1,050,000 $125,000 (10.64%)
Community Listings

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