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4-Unit Multifamily Property

129 CALLE MEJICO, Urb Santa Maria, PR 00682

For Sale
$245,000
Pending

Separate utility meters serve the upper-floor residence and the main residence with its two studios.

Property Size2,341 SF
Days on Market278

Property Features for 129 CALLE MEJICO

General Information

Standard status Pending
Size 2,341 SF
Property subtype Multi-Family 5+

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1BA, 2 x studio
Multifamily Units 4
Individually Metered Utilities unspecified utilities

Building Details

Building Size 2,341 SF
Year Built 1973
Listing Agency: CASTILLO LAMADRID REAL ESTATE
Listed By: Milza Castillo Lamadrid
Source: Micorredor
Added: Feb 6 Changed: Nov 7 Last Checked: Nov 9 at 8:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CASTILLO LAMADRID REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

This four-unit property includes a ground-floor residence with three bedrooms, two bathrooms, a kitchen, living and dining rooms, a laundry room, and a carport. The second-floor residence has three bedrooms, one bathroom, a kitchen, living and dining rooms, and a balcony. Two additional units are studios. The main residence and studios share one utility meter, while the upper-floor unit has a separate meter.

The property is on a cul-de-sac in Mayagüez, a 6-minute drive and 20-minute walk from the University of Puerto Rico’s Mayagüez Campus. Downtown Mayagüez is 10 minutes away. The building was constructed in 1973.

Key Highlights

  • Four residential units: two multi‑bedroom residences and two studios
  • Ground‑floor residence has 3 bedrooms, 2 bathrooms, and a carport
  • Upper‑floor residence has 3 bedrooms, 1 bathroom, and a balcony

Property Analytics

Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Demographics for 00682, PR

28,299
Population
16,346
Households
1.7
Avg Household Size
45
Median Age
30%
College-Educated
77%
High-School Grad
16.3 sq mi
ZIP Area
1,736
Density / Sq Mi
$18,067
Median Household Income
$15,376
Median Earnings
$448
Median Rent
$116,800
Median Home Value

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Separate utility meters serve the upper-floor residence and the main residence with its two studios.
Where is this quadplex located?
The property is located at 129 CALLE MEJICO Urb Santa Maria, PR.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Four residential units: two multi‑bedroom residences and two studios; Ground‑floor residence has 3 bedrooms, 2 bathrooms, and a carport; Upper‑floor residence has 3 bedrooms, 1 bathroom, and a balcony
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