Description

Multi-Family Property for Sale – Prime Location in Urbanización La Concepción, B20 ELENA (ST) Cabo Rojo, PR (GPS COORDINATES : 18.086907, -67.148853) Discover an exceptional investment opportunity in Urbanización La Concepción, a well-established residential community in Cabo Rojo, Puerto Rico. This multi-family property offers a blend of reinforced concrete and treated wood construction, providing durability and character. Property Features: Address: B20 Elena St., Urbanización La Concepción, Cabo Rojo, PR 00623 Lot Size: 492 square meters (approx. 5,295 sq. ft.) Gross Living Area (GLA): Approximately 1,485 sq. ft. Total Construction Estimate Should be : ( 2,131.50 sq ft all together) Units: 3 income-generating residential units Construction: Reinforced concrete, concrete blocks, and treated wood Flooring: Terrazzo and ceramic tiles Windows: Glass-aluminum for natural light and ventilation Doors: Sturdy wooden doors Parking: On-site parking available Effective Age: 18 years Economic Life Expectancy: 42 years Prime Location & Accessibility: This property is strategically located near essential amenities and key destinations: 2 min to PR-100, connecting to major commercial areas; 5 min to the heart of Cabo Rojo's Town Plaza, banks, pharmacies, and supermarkets.; 10 min to Boquerón Beach & Poblado – a vibrant area with restaurants, bars, and marinas; 15 min to Playa Buyé & Playa Combate, renowned for crystal-clear waters and water sports; Close to hospitals, schools, and recreational areas Ideal Investment Opportunity Whether you're looking to generate rental income or establish a long-term residence with rental units, this multi-family home provides excellent potential. The mixed-use construction allows for adaptability, making it an ideal property for investors, or families seeking additional income streams. With an estimated market value of $169,000, this property presents an outstanding opportunity in one of the most sought-after areas of Cabo Rojo.