8 Beds
7 Baths
3,467 SqFt
8 Beds
7 Baths
3,467 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 3,467 sqft
Price per Sqft $497
Subdivision Condado
MLS Listing ID PR9115709
Bedrooms 8
HOA Y/N No
Year Built 1960
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
This expansive 3,467 sq ft colonial building sits on a generous 424.66 square meters lot and features seven distinct units, offering a versatile mix of accommodations.
Unit A: 3 bedrooms, 1 bathroom
Unit B: Efficiency apartment
Unit C: 3 bedrooms, 1 bathroom
Unit D: 1 bedroom, 1 bathroom
Unit E: 1 bedroom, 1 bathroom
Unit F: 1 bedroom, 1 bathroom
Unit G: Efficiency apartment
Unique features include private balconies on three units and a large terrace on another, providing sought-after outdoor space for guests. The property also includes five dedicated parking spaces—a significant advantage in this bustling area.
This property is more than just a beautiful building; it's a high-performing asset. It currently generates around $200,000 annually from a combination of long-term and short-term rentals. With the potential to transition fully to short-term rentals, the projected annual income is a minimum of $246,000. This makes it a perfect opportunity for both experienced investors and those looking to enter the lucrative Puerto Rico real estate market.
Location
State PR
County San Juan
Community Condado
Area 00907 - San Juan
Zoning RESI
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo
Heating None
Cooling Mini-Split Unit(s)
Furnishings Furnished
Fireplace false
Laundry Outside
Exterior
Exterior Feature Balcony, Lighting, Sidewalk, Storage
Utilities Available Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
View Y/N No
Water Access No
Roof Type Concrete,Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9115709
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