$499,000

Prop ID: V-6454 Exceptional investment opportunity in the beautiful coastal town of Rincn, known for its breathtaking sunsets, surf culture, and vibrant beach lifestyle. This three-level multifamily property offers approximately 2, 494 sq. ft. of interior living space and outstanding income-generating potential, featuring two long-term rental units and a third unit currently operating successfully as an Airbnb. The first level includes three bedrooms, two bathrooms, and a laundry room with approximately 1, 020 sq. ft. The second level offers three bedrooms, one bathroom, and a laundry room with about 879.75 sq. ft., while the third level features two bedrooms, one bathroom, and a private pool with approximately 594 sq. ft. Additional spaces include a 140.25 sq. ft. covered terrace and a 122 sq. ft. balcony. The property is fully remodeled, with the second-floor unit partially renovated, and consists of a septic tank installed about a year and a half ago. There is also additional open space available to build a storage area or expand with extra bedrooms or an apartment. Parking is available for up to six vehicles, with one water meter and two electrical meters. Move-in ready and ideal for either residential use or investment income, this property is conveniently located just two minutes from Road 115 and ten minutes from the beach and downtown Rincn. The home is priced strategically below appraisal, making it an exceptional opportunity with strong value and room for long-term return. Combining comfort, flexibility, and prime location, it is a perfect choice for investors or those seeking a multi-unit home with excellent rental potentialown a piece of paradise where others vacation, and you live. Coordinates: 18.311552, -67.223815..