Property Description

An excellent investment opportunity is presented in a multi-family property located at 2938 Roosevelt Street, in downtown Ponce, within a historic zone. The property consists of four (4) residential units, distributed as follows: a first-floor unit with three (3) bedrooms and two (2) bathrooms, a second-floor unit with three (3) bedrooms and one (1) bathroom, and two (2) additional units at the rear, each with one (1) bedroom and one (1) bathroom. According to the available floor plan, the property has the following approximate living area distribution: Unit 1: 1,288.5 square feet; Unit 2: 1,054.8 square feet; Unit 3: 451.5 square feet; Unit 4 (accessory unit): 393.75 square feet, for a total of approximately 3,189 square feet of living area. In addition, the property features an extended porch and carport, providing added comfort and functionality. Currently, three of the units are rented, generating immediate income. This property offers excellent potential for both investment and primary residence, allowing the buyer to occupy one unit and generate income by renting out the others. Strategically located in the historic center of downtown Ponce, with access to shops, schools, and essential services. Ideal for investors or long-term appreciation projects..

Property Features