BEST LOCATION: SANTA TERESITA
If you are looking for a property with great value, this is the one for you. This amazing property is located just a short walk from the Ocean Park beach and in the gated community of Santa Teresita in San Juan, Puerto Rico. It includes 11 AirBnB apartments and can expand to 14-16 more. There is great potential to increase ROI and cash flow.
With a lot size of 809 square meters (one of the largest in Santa Teresita), this investment property boasts 4,650 sq. ft. of construction, 10-12 parking spaces, an outdoor entertainment area, and a laundry/storage room.
The property’s main structure combines sleeping accommodations and office spaces, making it perfect for guests who want to work from home. Upstairs, you’ll find apartment #1, a 4-bedroom, 3-full bathroom home with a 1,650-square-foot large balcony, a spacious kitchen, a living room, a dining room, and a family room. Apartment #2 is a one-bedroom, one full bathroom. Downstairs, we have 9 apartments, all one bedroom and one bathroom.
This property allows you to use it as a big single-family home or operate your business and accommodate employees, guests, and/or friends in independent units while enjoying lots of privacy. We have architectural and design plans for renovation, including expansion from 11 apartments to 14-16 separate units, a pool, and a large terrace. A tax incentive may apply. Please call us for a private appointment.
Qualified buyers must have proof of funds; this is a multi-family property with 11 apartments, 7 electric meters, and 6 water meters. Financing must be commercial or private, and the price is not subject to appraisal. This property is an income-producing investment and comes turnkey-ready with a proven track record. Occupancy 75% to 85%
This is a great investment for Act 20-22-60 tax incentives. Owner financing is available to qualified buyers. Please note that proof of funds is required for an appointment.
This property offers lots of potential to be developed and increase revenues—the best opportunity in Santa Teresita.
If you are looking for a property with great value, this is the one for you. This amazing property is located just a short walk from the Ocean Park beach and in the gated community of Santa Teresita in San Juan, Puerto Rico. It includes 11 AirBnB apartments and can expand to 14-16 more. There is great potential to increase ROI and cash flow.
With a lot size of 809 square meters (one of the largest in Santa Teresita), this investment property boasts 4,650 sq. ft. of construction, 10-12 parking spaces, an outdoor entertainment area, and a laundry/storage room.
The property’s main structure combines sleeping accommodations and office spaces, making it perfect for guests who want to work from home. Upstairs, you’ll find apartment #1, a 4-bedroom, 3-full bathroom home with a 1,650-square-foot large balcony, a spacious kitchen, a living room, a dining room, and a family room. Apartment #2 is a one-bedroom, one full bathroom. Downstairs, we have 9 apartments, all one bedroom and one bathroom.
This property allows you to use it as a big single-family home or operate your business and accommodate employees, guests, and/or friends in independent units while enjoying lots of privacy. We have architectural and design plans for renovation, including expansion from 11 apartments to 14-16 separate units, a pool, and a large terrace. A tax incentive may apply. Please call us for a private appointment.
Qualified buyers must have proof of funds; this is a multi-family property with 11 apartments, 7 electric meters, and 6 water meters. Financing must be commercial or private, and the price is not subject to appraisal. This property is an income-producing investment and comes turnkey-ready with a proven track record. Occupancy 75% to 85%
This is a great investment for Act 20-22-60 tax incentives. Owner financing is available to qualified buyers. Please note that proof of funds is required for an appointment.
This property offers lots of potential to be developed and increase revenues—the best opportunity in Santa Teresita.
Property Details
Price:
$2,025,000
MLS #:
PR9103801
Status:
Active
Beds:
0
Baths:
0
Address:
2260 CACIQUE STREET UNIT 9
Type:
Commercial
Subtype:
Multi Family
Subdivision:
SANTA TERESITA
City:
SAN JUAN
Listed Date:
Jul 20, 2024
State:
PR
Finished Sq Ft:
4,650
ZIP:
00913
Lot Size:
8,708 sqft / 0.19 acres (approx)
Year Built:
1970
See this Listing
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More About GaryMortgage Calculator
Schools
Interior
Appliances
Dryer, Microwave, Refrigerator, Washer
Cooling
Mini- Split Unit(s)
Flooring
Ceramic Tile, Concrete
Heating
Electric, Wall Units / Window Unit
Exterior
Community Features
Beach Area
Construction Materials
Block, Concrete
Other Structures
Maintenance, Storage
Parking Features
6 to 12 Spaces, Common
Roof
Cement
Financial
Buyer Agent Compensation
3%%
HOA Name
ALBERTO GIMENEZ
Tax Year
2022
Taxes
$4,000
Map
Community
- Address2260 CACIQUE STREET UNIT 9 SAN JUAN PR
- CitySAN JUAN
- CountySan Juan
- Zip Code00913
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Courtesy of PUERTO RICO CORPORATE RENTALS. 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. 2260 CACIQUE STREET UNIT 9
SAN JUAN, PR
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