46 Carazo Street, Guaynabo, PR 00969

$1,100,000
7,100
SqFt

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List Price
$1,100,000
Status
Active
Days on Market
23
MLS#
PR9124682
Property Style
Mixed Use
Year Built
1970
Living Area
7,100
Lot Size
5,494
Acres
0.12
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Reparto Piñero
Complex/Comm Name
Barrio Pueblo
MLS Area Major
Guaynabo

Property Description

Mixed-use commercial investment opportunity in downtown Guaynabo Pueblo. Three-story solid concrete building featuring 7 units: 4 commercial/office suites and 3 residential apartments (fully backed by federal HAP housing assistance contracts through mid-2027). In-place gross revenue of $71,292/yr ($5,941/mo.) with 6 of 7 units occupied, plus immediate value-add upside upon leasing the remaining 2nd-floor office suite (Unit 4 - 600 SF) to reach $93,000/yr pro-forma gross revenue. Net-of-utilities operation with 5 LUMA electric meters and 7 separate PRASA water meters (zero landlord utility drag). Prime commercial corridor along Calle Carazo adjacent to downtown revitalization projects. Sold strictly As-Is, subject to existing leases.

Additional Information

Taxes Annual
$4200
Annual Gross Income
68892
Location
City Limits, Sidewalk, Street Lights, Paved
Community Features
Sidewalks, No Deed Restriction
Property Description
Three+ Story
Zoning
C-1-T
Floor
Ceramic Tile, Concrete, Tile
Utilities
Electricity Available, Public, Water Connected
Heating
None
Air Conditioning
Mini-Split Unit(s), Wall/Window Unit(s)
Exterior Construction
Block, Concrete
Roof
Concrete
Foundation
Slab
Pool
No Pool
Garage Features
Curb Parking, Public Parking
Pets
Not Allowed
Flood Zone Code
X
Parcel ID
114-043-003-27-802
Legal Description
Mixed-use commercial building on a 510.30 sq m lot, #46 Carazo St., Urb. Reparto Piñero, Property Record (Finca) 2,959, Bo. Frailes / Pueblo, Guaynabo, PR.

Listing courtesy of LA ROSA REALTY PUERTO RICO. 7872092875

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