Impressive 3-Unit Rental Property
rainforest
Description from Clasificados
Unique opportunity! This beautiful house, located in Bo. Montellano, Sect. Ley–Cayey PV. Price: $350,000. Property comprises three units: (1) Main House with 3 spacious bedrooms, 3 bathrooms, living room, dining room, kitchen, laundry room, balcony, and carport for 1 vehicle. (2) Second Unit: 2-bedroom, 1-bathroom apartment with living room, kitchen, and laundry room. (3) Third Unit: Studio with 1 bedroom, 1 bathroom, and kitchen. Property has approximately 800 square meters (~0.2 acres) of land and an additional garage with space for up to 4 autos. Located in an accessible zone, minutes from University of Puerto Rico, restaurants, gas stations, schools, pharmacies, Cayey's main mall, Mennonite Hospital, and 2 minutes from Expressway #52. Do not miss this opportunity! Property video available. Contact: Propiedades Casa Bella (Instagram/Facebook), Yared Rentas, Lic. V-3436, Tel. 787-718-3943.
Original Spanish
¡Oportunidad Única! Esta Casa Bella, Ubicada en Bo. Montellano. Sect. Ley-Cayey PV. 350,000.00 Propiedad consta con 3 unidades: Primera Unidad Casa Principal que cuenta con 3 Cuarto Amplios, 3 Baños,Sala, Comedor, Cocinas, Laundry, Balcón y Marquesina para 1 Auto. Segunda Unidad: Apartamento de 2 Cuartos, 1 Baño, Sala, Cocina y Laundry Room. Tercera unidad un estudio con 1 Cuarto, 1 Baño y cocina. Propiedad con 800M aproximado de terreno y un garage adicional hasta para 4 autos. Ubicado en una zona accesible a minutos de Universidad de PR, Restaurantes, Gasolineras,Escuela, Farmacias, Mall Principal de Cayey, Hospital Menonita y a 2 minutos del Expreso #52. ¡No dejes pasar esta oportunidad! Puede ver el video de la propiedad abajo de esta publicación donde dice ver video de este clasificado. Y Recuerda en Propiedades Casa Bella “Pensamos diferente para tener resultados diferente” Instagram :propiedades_casa_bella/ Facebook: Propiedades Casa Bella Yared Rentas Lic. V-3436 Tel 787-718-3943 Puerto Rico
Why it's interesting
This is a move-in-ready, multi-unit income property with 3 bedrooms in the main house, solid construction, and acceptable location near services and PR-52. However, it fails on the couple's key loves: no ocean views, no visible water features, no elevation advantage (it's at 1,301 ft but surrounded by forest that blocks views), and privacy is compromised by tight lot density. The price ($350k) sits in the middle of local comps ($293k–$692k); without last-sale data, direct flip risk cannot be assessed. The landslide hazard in Cayey is a material concern that warrants geotechnical review.
🔄 Refreshed with measured elevation/flood, the cadastre record, and the listing photos on 2026-07-25.
💵 No recent sale price provided; cannot assess flip markup. Price sits mid-range for Cayey ($293k–$692k). Multi-unit rental income model may justify premium if units lease at stated rates.
What the photos show
Photos 1–5 show a well-maintained white multi-unit residential property on a steep hillside in a lush, green mountain setting. The home sits on a compact lot (~0.2 acres, confirmed) with clear elevation gain visible from the street level to the house entrance. Vegetation is dense and tropical all around; no obvious fruit trees are identifiable in close-up, though palms and landscaping are present. The property has good road access and appears structurally sound with modern finishes (arched windows, painted railings, carports). No river, stream, or ocean view is visible in any frame—views are blocked by dense surrounding forest. Privacy appears moderate due to proximity of other structures nearby and the compact lot size.
Read from the listing photos by vision AI — verify against the images yourself.
| Location | Montellano, Cayey (tier 1 — preferred catchment) |
|---|---|
| Price | $350,000 |
| Size | not stated |
| Land $/acre | not used for home-only matches |
| Fit score | 62/100 |
| Existing home | 3 bed / 3 bath main unit, move-in ready, marketed as turnkey rental property. · 3 bedrooms |
Location, terrain & flood
📍 Open in Google Maps — Montellano, Cayey, Puerto Rico 🛰 Satellite
⛰ 1,301 ft elevation 🌊 FEMA Zone X — minimal flood
Barrio-level pin (listings give barrio + municipio, not the exact lot) — verify the parcel location. Elevation: USGS. Flood zone: FEMA NFHL.
Drive times
| Miramar Bar | 55 min | 35.2 mi |
|---|---|---|
| Playa Lucía Disc Golf | 59 min | 39.9 mi |
| Albergue Olímpico Disc Golf | 31 min | 15.7 mi |
| SJU Airport | 53 min | 34.9 mi |
| Costco (Caguas) | 25 min | 15.4 mi |
Buildability
Property is already developed with three rental units (main house, 2-unit apartment, studio) and a 4-car garage on ~0.2 acres. No land available for new construction; zoned/used for multi-family rental, not suitable for single-family dream-home build.
Due diligence — verify before buying
- Obtain last recorded sale price and date; confirm if $350k represents appreciation or speculation.
- Geotechnical engineer site visit: Cayey landslide risk is documented (USGS monitoring station); validate slope stability, drainage, and mudslide history on this specific parcel.
- Title and encumbrance search: confirm clear title, no easements or liens affecting the three rental units.
- Rental income verification: obtain lease agreements and 12-month payment history for the two rental units to confirm revenue claims.
- Road maintenance and utilities: verify that secondary access (if applicable) is maintained and not prone to blockage (Hurricane Fiona context).
- Structural/foundation inspection: assess for water infiltration, foundation settling, or moisture damage from tropical rainfall and mountain exposure.
What the web found
Web search found no independent listing for this property across major platforms. Cayey is a mountainous central Puerto Rico municipality with recent comparable sales averaging $293,299-$691,528 for single-family homes, with active landslide hazards documented by USGS.
Area intel: Cayey comparable sales: single-family homes averaged $293,299 (last year per ByOwner) and $691,528 (per ByOwner/BuyOwner recent data); rental market shows mountain properties command premium. Hazard note: Cayey terrain is mountainous with documented landslide vulnerability—USGS operates a landslide monitoring station there. Hurricane Fiona (Sept 2022) triggered mudslides blocking roads. Secondary roads (PR-742, PR-738) have maintenance challenges. Cayey offers access via PR-52 expressway.
Dig deeper
Original listingGoogle itGoogle MapsSatellite viewRealtor.com compsPR flood map (FEMA)Listing ID 4860613 · scored 2026-07-25 · keyword score, needs review