6 Beds
5 Baths
2,221 SqFt
6 Beds
5 Baths
2,221 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,221 sqft
Price per Sqft $314
Subdivision Santurce
MLS Listing ID PR9122153
Bedrooms 6
HOA Y/N No
Year Built 1960
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
It is fully renovated four-unit multifamily property is a turnkey asset designed for investors seeking immediate cash flow and strong long-term appreciation potential in one of Puerto Rico's most desirable rental markets.
The property consists of FOUR residential units: including three 1-bedroom, 1-bathroom apartments and one spacious 3-bedroom, 2-bathroom unit, providing a versatile unit mix that appeals to a wide range of travelers and tenants. The building is equipped with a 900-gallon water cistern, offering added reliability and convenience for guests and residents.
Currently operating as a successful short-term rental property, this investment has been thoughtfully renovated and positioned to capitalize on the area's strong tourism demand. With the potential to generate double-digit returns, this property offers an attractive opportunity for investors looking to acquire a proven income-producing asset with established rental performance.
Location is one of the property's greatest strengths. Situated close to the beach and the vibrant Calle Loiza, guests can easily enjoy some of Puerto Rico's best restaurants, cafés, bars, boutique shops, entertainment venues, and nightlife. Its proximity to major attractions, beaches, and the San Juan metropolitan area makes it a highly desirable destination for both short-term visitors and extended-stay guests.
Whether you are an experienced investor looking to expand your portfolio or a buyer seeking a fully operational short-term rental business, this property offers the rare combination of location, condition, and income potential. Opportunities like this are increasingly difficult to find in today's market.
**Showings are available by appointment only. Buyers must provide a mortgage pre-qualification letter or proof of funds before a showing can be scheduled.**
Location
State PR
County San Juan
Community Santurce
Area 00911 - San Juan
Zoning RI
Interior
Interior Features Ninguno
Heating Electric
Cooling Mini-Split Unit(s)
Fireplace false
Laundry Outside, Upper Level
Exterior
Exterior Feature Balcony
Utilities Available Electricity Available, Water Connected
View Y/N No
Water Access No
Roof Type Concrete
Garage false
Private Pool No
Building
Foundation Concrete Perimeter
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9122153
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