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Property Type:
Residential Income
Subtype:
Multi-Family
Status:
Active
Blocks from Ocean Park beach and only a block away from hip and trendy "Loiza Street", this multi-unit building, is a great investment opportunity. Featuring 12 units, encompassing both studios and 1-bedroom units, including 12 parking spaces. Presently yielding a $97,000 in annual income through long-term tenants, this investment serves as a testament to stability. However, its allure is further heightened by the promise of future gains. Airbnb gross projections elevate the potential income to an impressive $296,400, unveiling a lucrative avenue for discerning investors.
Strategically positioned near Ocean Park's vibrant locales, renowned dining establishments, and pristine beaches, the property enjoys a coveted address. The intentional combination of long-term leases and the burgeoning short-term rental market solidifies this investment as a versatile asset in the thriving Ocean Park community.
convenience.
Address:
McLeary CONDADO #2012 San Juan, Puerto Rico 00911
Additional DetailsInteriorLaundry Other Other Interior Features Other ExteriorConstruction Materials Concrete Heating Other Cooling Other Other Exterior Features Other GeneralDays on Market 348 Area and LotLot Size in Acres 0.09 Living Area in SQFT 4133 Utilities Electricity Connected, Water Connected FinancialAnnual Tax $1,500 HOA Fees $0 Location
Merge onto Expreso Las Américas/PR-18
Take the PR-22 E exit toward Santurce/San Juan/Carolina/Aeropuerto
Merge onto Autop. José de Diego/PR-22
Take the Calle del Parque/Calle San Jorge exit toward Centro Gubernamental
Take PR-37 to Av. McLeary in Ocean Park
Interested in this property? Get in touch![]() Ilia Martinez Carn
License:
#C-10664
450 De La Constitucion
Suite 202
San Juan Puerto Rico, 00907
Phone:
787-548-4949
Office:
787-548-4949
Newly Added on Same AreaRecently Sold on Same Area |