Description

Owner financing available. Unique investment opportunity near the beach in Bo. Guardarraya, Patillas. This fully remodeled multifamily property is located just steps from the ocean and sits on an expansive, mostly flat lot of approximately 2.15 cuerdas, ideal for generating immediate income and future development. The property features three apartment units ready for occupancy or rental: the first unit includes a living room, kitchen, dining area, 1 bedroom, 1 bathroom, and a split-unit A/C; the second unit offers a living room, kitchen, dining area, 2 bedrooms, and 1 recently remodeled bathroom; and the third unit consists of a living room, kitchen, dining area, 2 bedrooms, and 1 bathroom. All units include a front porch, rear terrace, and individual laundry area, providing comfort and privacy. The exterior features a chlorine pool with filtration and self-cleaning system, as well as a gazebo with two independent bathrooms and a storage room, ideal for private events or additional income generation through rentals. The undeveloped portion of the land offers significant potential for multiple projects, such as RV or trailer spaces, short-term rental cabins, expansion of additional units, or a tourism-focused development. The property is equipped with a high-capacity solar system consisting of 45 panels and 2 new Tesla batteries under a transferable contract with an approximate monthly payment of $566, providing substantial savings on operating costs. The sale includes 3 air conditioning units. Additionally, the property has a newly constructed septic system designed to support future expansions, including connections for trailers or cabins. It is not located in a flood zone. Situated in a prime location with easy access to beaches, restaurants, and recreational areas, this property offers a combination of location, versatility, and strong income potential.