46 Carazo Street, Guaynabo, PR 00969

Property Description

Mixed-use commercial investment opportunity in downtown Guaynabo Pueblo. Three-story solid concrete building featuring 7 units: 4 commercial/office suites and 3 residential apartments (fully backed by federal HAP housing assistance contracts through mid-2027). In-place gross revenue of $71,292/yr ($5,941/mo.) with 6 of 7 units occupied, plus immediate value-add upside upon leasing the remaining 2nd-floor office suite (Unit 4 - 600 SF) to reach $93,000/yr pro-forma gross revenue. Net-of-utilities operation with 5 LUMA electric meters and 7 separate PRASA water meters (zero landlord utility drag). Prime commercial corridor along Calle Carazo adjacent to downtown revitalization projects. Sold strictly As-Is, subject to existing leases.