Bought with
SR-312 km 5.3 int LLANOS TUNA WARD CAMINO ASENCIO Cabo Rojo, PR 00623
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,359 sqft
Price per Sqft $117
Subdivision Llanos Tuna
MLS Listing ID PR9117023
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1980
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Each floor functions as a separate apartment with independent access, ideal for extended families or generating rental income. Unit 1 (first floor) features a living room, dining area, kitchen, two bedrooms, one bathroom, a front porch, a hallway, and a closet area. Unit 2 (second floor) includes a living room, dining area, kitchen, two bedrooms, one bathroom, a balcony, and open terrace spaces with covered metal areas. The property also includes an extended two-car carport, utility area with an additional bathroom, three metal-covered spaces, fenced yard, and concrete paved areas surrounding the house.
Interior finishes include ceramic and terrazzo floors, plaster walls, and ceramic-tiled bathrooms. The roof is a combination of concrete and metal in good condition, complemented by glass and aluminum windows that provide abundant natural light and ventilation. The property is serviced by PREPA for electricity and PRASA for water, includes a septic tank system, and benefits from asphalt road access with street lighting.
Appraised at $150,000 as of July 29, 2025, this property represents an excellent investment opportunity in a market where financing is available through multiple sources such as Fannie Mae, Freddie Mac, VA, and HUD programs. Comparable rental properties in the area demonstrate a strong potential for generating approximately $1,100 each month in gross rental income. The surrounding community offers a stable residential environment with adequate infrastructure, access to schools, medical services, and employment centers, and steady housing demand with an estimated exposure time of 18 months.
Located between PR-101 and PR-102, the property sits in a semi-level suburban neighborhood bounded by the Lajas municipal limits and Pedernales Ward. The area's zoning (A-G General Agricultural) allows for small income residential use, consistent with its current operation. Its proximity to Cabo Rojo's most desirable destinations—including Boquerón, Combate, Buyé, and Joyuda Beaches—makes it ideal for those seeking to combine rural tranquility with coastal living.
This home's solid construction, dual-unit layout, and flexible design make it an excellent choice for investors, multi-family living, or individuals seeking long-term rental potential in Puerto Rico's southwest coast. Whether you envision living in one unit and renting the other, or converting both into short-term rentals subject to local regulations, this property offers a rare opportunity to own a versatile and income-producing asset in one of Cabo Rojo's most accessible neighborhoods.
Location
State PR
County Cabo Rojo
Community Llanos Tuna
Area 00623 - Cabo Rojo
Zoning AG
Interior
Interior Features Ninguno
Heating None
Cooling Mini-Split Unit(s)
Flooring Ceramic Tile, Terrazzo
Fireplace false
Appliance None
Laundry In Kitchen
Exterior
Exterior Feature Lighting, Rain Barrel/Cistern(s), Rain Gutters
Garage Spaces 2.0
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Roof Type Metal,Other
Attached Garage true
Garage true
Private Pool No
Building
Entry Level One
Foundation Concrete Perimeter
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9117023
GET MORE INFORMATION