PRIME INVESTMENT OPPORTUNITY.
Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a “two-door” condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean.
Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors.
Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition.
Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice.
Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don’t miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.
Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a “two-door” condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean.
Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors.
Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition.
Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice.
Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don’t miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.
Property Details
Price:
$1,050,000
MLS #:
PR9105573
Status:
Active
Beds:
1
Baths:
2
Address:
1 SAN GERONIMO STREET UNIT 122-123
Type:
Condo
Subtype:
Condominium
Subdivision:
CONDADO LAGOON VILLAS
City:
SAN JUAN
Listed Date:
Apr 5, 2024
State:
PR
Finished Sq Ft:
1,074
ZIP:
00901
Year Built:
2005
See this Listing
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Schools
Interior
Appliances
Cooktop, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer
Bathrooms
2 Full Bathrooms
Cooling
Mini- Split Unit(s)
Flooring
Ceramic Tile
Heating
None
Laundry Features
Laundry Closet
Exterior
Architectural Style
Contemporary
Community Features
Water Access, Waterfront, Fitness Center, Park, Pool, Restaurant
Construction Materials
Concrete
Exterior Features
Garden, Storage
Other Structures
Storage
Roof
Concrete
Financial
Buyer Agent Compensation
2.5%
HOA Includes
Community Pool, Electricity, Maintenance Structure, Maintenance Grounds, Security, Water
HOA Name
Condado Lagoon Villas Administration
Map
Community
- Address1 SAN GERONIMO STREET UNIT 122-123 SAN JUAN PR
- CitySAN JUAN
- CountySan Juan
- Zip Code00901
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Courtesy of BOURET REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
1 SAN GERONIMO STREET UNIT 122-123
SAN JUAN, PR
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