McLeary CONDADO #2012 San Juan, Puerto Rico

Property Type: Residential Income
Subtype: Multi-Family
Status: Active
$1,875,000
Sale
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 Details

Interior

Laundry
Other
Other Interior Features
Other

Exterior

Construction Materials
Concrete
Heating
Other
Cooling
Other
Other Exterior Features
Other

General

Days on Market
348

Area and Lot

Lot Size in Acres
0.09
Living Area in SQFT
4133
Utilities
Electricity Connected, Water Connected

Financial

Annual 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

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