Active

McLeary CONDADO #2012

SAN JUAN PR, 00911

$1,875,000


$453.67 per sqft

Active

4,133 sqft

Multi-family

Built in 2000

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.

PR9103573

MLS ID

December 13, 2023

Listed

November 25, 2024

Updated

Map

McLeary CONDADO #2012
SAN JUAN PR, 00911

Interior Features

Interior Features

Other


Laundry Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

Other


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

00911 - San Juan


Taxes

$1,500


Tax Frequency

Annually


Days on Market

348


Association Fee Frequency

Monthly


Garage

No


View

No


County

San Juan


Water Source

Public


Pool

No


Zoning

R-1

Listing History

Date

Event

Price

6/17/2024

Price change

$1,875,000

-7%

Listed by ILIA MARTINEZ & ASSOCIATES
Listing Contact: 787-548-4949 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

©2024 Stellar MLS. All rights reserved. 

Data last updated 11/25/2024, 3:49 PM UTC

Powered byLuxury Presence