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6 CALLE, Mar Azul (Urbanizacion), Hatillo, Puerto Rico 00659

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$ 199,000

6 CALLE Mar Azul (Urbanizacion) Hatillo Puerto Rico (xP) , 00659

1
1243 Sq.Ft.
1
1243 Sq.Ft.

ATTENTION INVESTORS! Ocean-view fixer-upper in Urb. Mar Azul, Hatillo. Just 300 feet from the beach, this property is ready for a visionary developer to turn it into a profitable venture. It... ATTENTION INVESTORS! Ocean-view fixer-upper in Urb. Mar Azul, Hatillo. Just 300 feet from the beach, this property is ready for a visionary developer to turn it into a profitable venture. It boasts ocean views from the front yard and 180-degree ocean views from the rooftop. Once the necessary improvements are made, you'll have instant capital gains plus the opportunity to generate rental or resale income. The property has been expanded; the original house has three bedrooms and one bathroom. The more recently constructed addition has a private entrance and includes an additional room and laundry area with water and electricity connections. Convert it into a multi-family home or build a second story. Bring your contractor, execute your vision, and don't miss this opportunity. Comparable (after repairs) on the same street for $356,000. Recent sales: multi-family homes for $615,000 and $500,000. Make your cash offer! ------------------------------------ ATTENTION INVESTORS! Fixer-upper with ocean views in Urb. Mar Azul, Hatillo! Only 300' from the beach and ready for an investor with vision to cash-in. Bring in your contractor, make repairs and get instant equity. Comparable property (after repairs) on the same street just sold for $356k. Multi-unit homes sold for $615k and $500k in the last few months. This house has ocean views from the front lawn and stunning 180 degree ocean views from the roof. Highest and best use: Multi-unit or two story home. The main unit has 3 bedrooms and one bathroom. There is a newer construction extension with a private entrance through the backyard consisting of a 1 bedroom and laundry room setup with water and electric connections. Make a cash offer today! • 4 Bedrooms - 1 Bathroom | 4 Bedrooms - 1 Bath • Construction Feet: 1,243 PC (approx.) | GLA: 1,243 Sq Ft. (approx.) • Lot Size: 306 Sq. Meters • Not eligible for financing (As Is) Highlights: • Ideal for a primary or secondary residence and great potential for long- or short-term rentals. • Remodel to your taste and instantly capitalize on your investment! • Located in one of Hatillo's most desirable neighborhoods for its beautiful beach and recreational areas. • Quiet residential neighborhood popular with locals and tourists alike. • 5 minutes from Hatillo's "Golden Mile" 5 Minutes to Hatillo's "Golden Mile" (Super Walmart, Home Depot, Sam's, Walgreens, malls, banks and local shopping, dining and entertainment) • Easy access to the two main airports | Easy access to main airports 75 minutes from SJU & 50 minutes from BQE..

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6 CALLE Mar Azul (Urbanizacion) Hatillo Puerto Rico (xP) , 00659

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