Water Views - Seller Financing
Address
218 Calle 6, LUQUILLO, PR
Price
$ 597,000
Property Attributes
- MLS#PR9104130
- TypeIncome
- CountyLUQUILLO
- CityLUQUILLO
- AreaLuquillo
- NeighborhoodBarrio Fortuna
- Zip00773
- StyleDuplex
- Price$ 597,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3000
- Lot Size10,454 SqFt
Data Source:
Stellar MLS
Property Description
BACK TO MARKET!! “Rainforest and Ocean View Oasis" Presenting a gated property with 2 existing units and the potential for 4, including a fully renovated 3180 sq ft main house with 2 units and a 1350 sq ft guest house in need of restoration, with 2 units. The place is absolutely move-in-ready (Turnkey). The property houses a successful Airbnb business called Lucky Luquillo LLC, fully compliant with local regulations. The income unit is fully mounted and stocked with 5-star amenities. Aside from short term rentals, sweeping 360° views make the property a perfect venue for small events like wedding showers, photo shoots, film and social media production, and pop-up meetings and performance events. The property, perched on a hilltop overlooking Luquillo Beach and Balneario Montserrate, offers a 1/3 acre outdoor space with ocean views out front, and sweeping views of the rolling hills El Yunque rainforest outback along with a lawn, fire pit, deck, and a 1000 sq ft uncovered patio. This gem features a rooftop with expansion potential for a third level or a panoramic 360° terrace. The property is 100% solar powered with a 21 panel solar system featuring a Tesla battery. The main house, boasting five bedrooms, three baths and equipped with eight (8) split air conditioners. All 50 windows and doors are new, complemented by high-quality storm shutters. A 600-gallon cistern on the roof, a three-quarter horsepower water pump, and a 50-gallon pressure tank ensure water reliability. Infiniti pool installation is made easy in our keyed area off the patio that is already finished and set up for that with both electrical and plumbing. Security is a priority with an ADT system, solar flood lights, and a 9-unit camera system covering the entire perimeter, with two secure garages and on-lot parking for 9 cars. All the improvements to the main house have already been made. The 3-story guesthouse needs rehab, but it’s a fabulous investment that will yield immediate returns with its two separate units that both have Ocean and rainforest views, and 360° views if you build a third unit one story up. This is property is conveniently located just 4 blocks away from the well in the Blue Flag Beach El Balneario Montserrat, the Kioskos de Luquillo, the Fairfield hotel and casino by Marriott, and the Wyndham Grand Rio Mar Resort. Based on local comps, Pricelabs Dynamic Pricing platform currently estimates the annual rental revenue at $170,000 for this property. Explore the potential of this haven with fabulous views and endless possibilities! Seller financing available.
| Price History | |
|---|---|
| 1/22/2024 | Listed $649,000 |
| 2/20/2024 | 9% - $597,000 |
General Features
| Interior Features | Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Kitchen/Family Room Combo,L Dining,Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Open Floorplan |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric,Solar |
| Cooling | Mini-Split Unit(s) |
| Utilities | Water Connected,BB/HS Internet Available,Cable Available,Electricity Available,Electricity Connected,Sewer Available,Solar,Street Lights,Water Available |
| Roof | Cement |
| Exterior Features | Garden,Courtyard,Balcony,Outdoor Grill |
| Zoning | R1 |
| Garage Spaces | 2 |
| Construction Materials | Block,Brick,Cement Siding |
| Year Built | 1990 |
| Property SubType | Duplex |
| Percent Ownership | Fee Simple |
| County | Luquillo |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | BARRIO FORTUNA |
| Garage Y/N | Yes |
| Status | Active |
| Directions | Take Expreso Romn Baldorioty de Castro/PR-26 and Autop. Roberto Snchez Vilella/PR-66 to Carretera 3 E/PRI-3 E in Ro Grande. Exit from Autop. Roberto Snchez Vilella/PR-66. Merge onto Hwy. 3 E/PRI-3 E |
| City | LUQUILLO |
| Buyer Agent Compensation | 2% |
| Total Units | 2 |
| MLS Area | 00773 - Luquillo |
| Lot Size Square Feet | 10816 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Spaces | 2 |
| Carport Y/N | Yes |
| Street Name | Calle 6 |
| Public Remarks | BACK TO MARKET!! Rainforest and Ocean View Oasis Presenting a gated property with 2 existing units and the potential for 4,including a fully renovated 3180 sq ft main house with 2 units and a 1350 |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/PR9104130 |
| Days on Market | 36 |
| Standard Status | Active |
| Water View | Beach |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Laundry Closet,Washer Hookup,Gas Dryer Hookup,Electric Dryer Hookup |
| LivingAreaSource | Builder |
| Living Area Units | Square Feet |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 10816 |
| Foundation Details | Block |
| Number of Buildings | 2 |
| Lot Size Acres | 0.24 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
| Covered Spaces | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 00773
Price
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 2, 2024 2:44 PM UTC
