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