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
March 13, 2025
Updated
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
Utilities
Electricity Connected, Water Connected
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 3/13/2025, 5:19 PM UTC
