394 Casa Mariposa

VIEQUES, PR 00765

  • 7 Bed(s)
  • 6 Bath(s)
  • 3,250 Sqft
  • 0.27
    Acre(Lot)
$875,000

Description

Calling all investors: high cap rate with tons of flexibility. this is a rare deal in vieques.

multi-unit building in villa borinquen, vieques, pr with expansive views. in addition to an attractive return on investment, this building is perfectly setup for an investor to qualify for the bed and breakfast tax credit or guest house tax credit in puerto rico, resulting in 30-40% of overall acquisition costs paid back to the investor over the course of 3-4 years. ask the seller for more details.

this building was fully renovated in 2022-2023 including: adding units, updating all bathrooms and kitchens, new tile, updating paint, concrete work, air conditioning,plumbing upgrades including the addition of hot water throughout the units, electric upgrades, new furniture, installation of water pressure pump, addition of cisterns for water storage, addition of solar,and upgrading the pool.

the property sits on .27 acres of land on a dead-end street, with mature fruit trees, flowers, and a fully fenced in yard.  the 180-degree views of the ocean, puerto rico, st. thomas, and st john make for the perfect caribbean setting while enjoying ever-present breezes from the rooftop terrace.

all units share a common pool, outdoor kitchen, fenced in back yard, and barbeque. all units have air conditioning in every room, including common areas.

the 4 units are as follows:

unit 1three (3) bed, three (3) bath, living room, dining room, full kitchen, kitchenette, screened in porch, front porch, laundry, and private rooftop.

unit 2 (downstairs): two (2) bed, one (1) bath, living room, dining room, full kitchen, laundry, and private patio.

unit 3 (downstairs): poolside studio, kitchenette, bath, laundry, and screened porch.

unit 4: studio casita, kitchenette, bath, private rooftop. can be rented with unit 1 as a 4-br bnb.

  • Property Type

    Residential

  • Subdivision

    Wrights Alotment

  • County

    Vieques

  • Style

    Residential

  • AD ID

    45323153

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Property Details

  • Bedroom Information

    • Total Bedroom: 7

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 6

    Interior Features

    • Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan
    • Roof: Concrete
    • Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
    • Laundry Features: Laundry Closet

    Roofing Information

    • Concrete

    Flooring Information

    • Flooring: Ceramic Tile
    • Construction Materials: Block, Concrete

    Heating & Cooling

    • Heating: None
    • Cooling: Mini-Split Unit(s)
    • WaterSource: Public

  • Building Information

    • Year Built: 2006

    Exterior Features

    • Balcony, Courtyard, Garden, Lighting, Outdoor Grill
    • Construction Materials: Block, Concrete
    • Foundation Details: Block, Concrete Perimeter, Slab

    Pool Features

    • Private Pool: 1
    • Gunite, In Ground

  • Lot Information

    • Lot Square Feet: 11861
    • Lot Acres: 0.27

    Property Information

    • Property Type: Residential
    • Sub Type: Villa

  • Listing Price Information

    • Original List Price: $875000

  • Tax Information

    • Annual Tax: $0
    • Tax Year: 2023
    • Parcel Number: 457-053-162-09-000

  • Utility Information

    • Electricity Connected, Propane, Water Connected

    Location Information

    • Subdivision: VILLA BORINQUEN
    • City: VIEQUES
    • Direction: Take 200 past the High School then take your next left near the emergency dispatch center. Follow the road to the next intersection and turn left. Take the next right turn to the top of the hill and turn right. The house is at the end of the road on the left.
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BuyOwner last updated this listing Wed Jul 17 2024

  • MLS: MFRPR9104790
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 7 bedrooms which is for sale, it has 3,250 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of VIEQUES , in zip code 00765, this Vieques County Home , it is in the Wrights Alotment Subdivision, and are nearby neighborhoods.