“**Property for Sale in Ocean Park: Proven Income Property**
**Location:**
Nestled in the heart of Ocean Park, this exceptional property is situated within a gated community patrolled by police, ensuring safety and tranquility. Just steps away from the beach, it offers the perfect blend of luxury, convenience, and income potential.
**Property Overview:**
This fully renovated property, expertly updated by electrical engineer Jose Alsina, boasts all-new electrical distribution to code. It features three separate apartments, each with its own entrance, making it ideal for rental income or use as a spacious residential home. The property includes all appliances and furniture, allowing for immediate business operations.
**Apartment Details:**
1. **Apartment 1:**
– **Size:** 1,215 square feet
– **Layout:** Three bedrooms, two bathrooms
– **Parking:** Two spaces, including one covered
– **Features:** Large private patio
2. **Apartment 2:**
– **Size:** 545 square feet
– **Layout:** One bedroom, one bathroom
– **Parking:** One space
– **Features:** Cathedral ceiling, private patio
3. **Apartment 3:**
– **Size:** 433 square feet
– **Layout:** One bedroom, one bathroom
– **Parking:** One space
**Renovation and Upgrades:**
– **Complete Renovation:** Property completely gutted and renovated by electrical engineer Jose Alsina.
– **Electrical:** All new electrical distribution installed to code.
– **Flood Protection:** Pre-installed flood barrier to block surface water and an industrial check valve to prevent underground sewer water backup into the property.
– **Climate Control:** New inverters and mini air conditioner splits installed in each apartment.
**Flexible Use:**
This property offers versatility as it can serve as a profitable income property with separate rental units or be combined into a spacious residential home. The flexibility allows you to adapt the property to your specific needs, whether you’re looking for an investment opportunity or a primary residence.
**Location Highlights:**
This amazing property is located on one of the best streets in Ocean Park, close to an array of restaurants, breakfast places, hospitals, pharmacies, shopping, and popular tourist attractions. Its prime location and superb amenities make it an attractive option for both long-term tenants and short-term vacation rentals.
**Investment Opportunity:**
With its proven income potential, this property is a fantastic investment opportunity. The separate entrances for each apartment allow for flexible rental options, maximizing your return on investment. Whether you’re looking to diversify your portfolio or establish a steady stream of rental income, this property is ready to generate revenue from day one.
Don’t miss this chance to own a piece of paradise in one of Puerto Rico’s most sought-after neighborhoods.”
**Location:**
Nestled in the heart of Ocean Park, this exceptional property is situated within a gated community patrolled by police, ensuring safety and tranquility. Just steps away from the beach, it offers the perfect blend of luxury, convenience, and income potential.
**Property Overview:**
This fully renovated property, expertly updated by electrical engineer Jose Alsina, boasts all-new electrical distribution to code. It features three separate apartments, each with its own entrance, making it ideal for rental income or use as a spacious residential home. The property includes all appliances and furniture, allowing for immediate business operations.
**Apartment Details:**
1. **Apartment 1:**
– **Size:** 1,215 square feet
– **Layout:** Three bedrooms, two bathrooms
– **Parking:** Two spaces, including one covered
– **Features:** Large private patio
2. **Apartment 2:**
– **Size:** 545 square feet
– **Layout:** One bedroom, one bathroom
– **Parking:** One space
– **Features:** Cathedral ceiling, private patio
3. **Apartment 3:**
– **Size:** 433 square feet
– **Layout:** One bedroom, one bathroom
– **Parking:** One space
**Renovation and Upgrades:**
– **Complete Renovation:** Property completely gutted and renovated by electrical engineer Jose Alsina.
– **Electrical:** All new electrical distribution installed to code.
– **Flood Protection:** Pre-installed flood barrier to block surface water and an industrial check valve to prevent underground sewer water backup into the property.
– **Climate Control:** New inverters and mini air conditioner splits installed in each apartment.
**Flexible Use:**
This property offers versatility as it can serve as a profitable income property with separate rental units or be combined into a spacious residential home. The flexibility allows you to adapt the property to your specific needs, whether you’re looking for an investment opportunity or a primary residence.
**Location Highlights:**
This amazing property is located on one of the best streets in Ocean Park, close to an array of restaurants, breakfast places, hospitals, pharmacies, shopping, and popular tourist attractions. Its prime location and superb amenities make it an attractive option for both long-term tenants and short-term vacation rentals.
**Investment Opportunity:**
With its proven income potential, this property is a fantastic investment opportunity. The separate entrances for each apartment allow for flexible rental options, maximizing your return on investment. Whether you’re looking to diversify your portfolio or establish a steady stream of rental income, this property is ready to generate revenue from day one.
Don’t miss this chance to own a piece of paradise in one of Puerto Rico’s most sought-after neighborhoods.”
Property Details
Price:
$995,000
MLS #:
PR9107358
Status:
Active
Beds:
5
Baths:
4
Address:
9009 CALLE CACIQUE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
URB. OCEAN PARK
City:
SAN JUAN
Listed Date:
Jul 3, 2024
State:
PR
Finished Sq Ft:
2,193
ZIP:
00911
Lot Size:
2,193 sqft / 0.05 acres (approx)
Year Built:
1975
See this Listing
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Schools
Interior
Appliances
None
Bathrooms
4 Full Bathrooms
Cooling
None
Flooring
Other
Heating
Other
Laundry Features
Other
Exterior
Construction Materials
Block
Exterior Features
Other
Roof
Other
Financial
Buyer Agent Compensation
2.5%%
Map
Community
- Address9009 CALLE CACIQUE SAN JUAN PR
- CitySAN JUAN
- CountySan Juan
- Zip Code00911
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Courtesy of KELLER WILLIAMS GRAND HOMES. 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. 9009 CALLE CACIQUE
SAN JUAN, PR
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