503 Carr Mayor Cantera Street

Description

ATTENTION INVESTORS! High-Potential Multifamily Opportunity in Ponce. VACANT 4-story building, ready for immediate cash flow or a "Value-Add" conversion. Solid structure with approx. 4,000 SqFt of livable space designed to maximize return on investment (ROI) with an estimated market rent potential of $3,200/month. Layout and Expansion Potential: Levels 1, 2, and 3: Spacious 3BR/2BA units each. Perfect for stable long-term rentals or government housing assistance programs. Level 4: 3BR/1BA unit (needs improvements) with the flexibility to optimize into 2 separate 1BR/1BA units. Scale from 4 to 6 or 8 units! All levels have the layout potential to be divided into 1BR/1BA apartments for short-term rentals (Airbnb). Infrastructure and Key Advantages: Total Independence: 4 separate water meters and 4 electric meters already installed (tenants pay their own utilities!). Galvalume roof (requires maintenance). Strategic urban location in Ponce (Cantera Sector), steps away from universities, hospitals, and shopping centers. High rental demand. Located in a minimal flood risk zone (Zone X). "Ready to Rent" property, ideal for setting your own market rent rates. Call today to schedule a showing and run the numbers!