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

October 2, 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

274


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 

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Data last updated 10/2/2024, 3:59 AM UTC

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