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Three-Unit Multifamily Property

Calle Arizmendi 66 Bo Pueblo, Urb Las Flores, PR 00650

For Sale
$215,000

Residential, Florida, PRI

Property Size1,058 SF
Lot Size0.26 Acres
Price / SF$203.21
Days on Market118

Property Features for Calle Arizmendi 66 Bo Pueblo

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5
Standard status Active
APN 10604000901001
Size 1,058 SF
Lot size 0.26 Acres

Amenities

marquesina
patio

Building Details

Year built 1990
Listing Agency: KW Puerto Rico
Listed By: Katherine Otero Pagan
Added: Jul 16 Changed: Nov 6 Last Checked: Nov 10 at 8:06PM
MLS# PRKW45CF00

Copyright © 2026 Amplia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This three-unit multifamily property at Calle Arizmendi 66 includes two detached homes with three bedrooms and one bathroom each, plus a one-bedroom, one-bathroom apartment. The property measures 1,058 square feet on a 0.259-acre lot and was built in 1990. Additional features include two electric meters, a covered parking structure, and a sizable rear yard.

The property is located in Barrio Pueblo in Florida, Puerto Rico, within walking distance of a policlinic, banks, restaurants, bakeries, and the town center. Its three separate living units provide a residential income configuration with varied unit sizes.

Key Highlights

  • Three independent units: two 3‑bedroom homes and one 1‑bedroom apartment
  • 1,058 SF property on a 0.259‑acre lot
  • Two homes include 3 bedrooms and 1 bathroom each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,725
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,500 $174.5K
Cap Rate 7%
$124,643 $124.6K
Cap Rate 9%
$96,944 $96.9K
Market Conditions
NOI Build-Up for 1,058 SF
Gross rent
$13.3K $12.60/SF
− Vacancy
−$867 −$0.82/SF
EGI
$12.5K $11.78/SF
− OpEx
−$3.7K −$3.53/SF
NOI
$8.7K $8.25/SF
Area
Juana Diaz County, PR
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,500
Cap Rate 7%
$124,643
Cap Rate 9%
$96,944

Alternative Uses

Best Use
Multifamily LT 5
$124.6K
$109.1K – $145.4K (±1% cap)
NOI $8,725 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$112.8K
$98.7K – $131.6K (±1% cap)
NOI $7,893 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$172.1K
$150.6K – $200.8K (±1% cap)
NOI $12,047 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Demographics for 00650, PR

13,637
Population
5,982
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
76%
High-School Grad
31.7 sq mi
ZIP Area
430
Density / Sq Mi
$19,811
Median Household Income
$14,642
Median Earnings
$662
Median Rent
$104,100
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?
Triplex - Multifamily property with two homes, one apartment, covered parking, and a spacious rear yard.
Where is this triplex located?
The property is located at Calle Arizmendi 66 Bo Pueblo Urb Las Flores, PR.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Three independent units: two 3‑bedroom homes and one 1‑bedroom apartment; 1,058 SF property on a 0.259‑acre lot; Two homes include 3 bedrooms and 1 bathroom each
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Includes: Price & PSF · Cap rate · Location · Zoning

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