SR-312 km 5.3 int LLANOS TUNA WARD CAMINO ASENCIO

Discover an excellent small-income residential opportunity in the scenic Llanos Tuna Ward of Cabo Rojo, Puerto Rico. This two-story property is situated on PR-312 Km 5.3 Interior, offering an ideal balance of privacy, accessibility, and investment potential. The residence is built on a 1,071-square-meter lot (approximately 11,530 sq. ft.) and includes two living units with a total of approximately 1,359 sq. ft. of living area. Constructed in reinforced concrete with concrete block, wood, and metal components, this tropical-style home reflects the durability and charm of the region.<br />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.<br />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.<br />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.<br />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.<br />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.