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.
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.
Property Details
Price:
$1,875,000
MLS #:
PR9103573
Status:
Active
Beds:
0
Baths:
0
Address:
McLeary CONDADO UNIT 2012
Type:
Multi Family
Subdivision:
MCLEARY 2012
Neighborhood:
00911 – San Juan
City:
SAN JUAN
Listed Date:
Dec 13, 2023
State:
PR
Finished Sq Ft:
4,133
ZIP:
00911
Lot Size:
4,240 sqft / 0.09 acres (approx)
Year Built:
2000
Units:
12
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Interior
Cooling
Other
Heating
Other
Laundry Features
Other
Exterior
Construction Materials
Concrete
Exterior Features
Other
Roof
Other
Financial
Taxes
$1,500
Map
Community
- AddressMcLeary CONDADO UNIT 2012 SAN JUAN PR
- SubdivisionMCLEARY 2012
- CitySAN JUAN
- CountySan Juan
- Zip Code00911
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Courtesy of ILIA MARTINEZ & ASSOCIATES. 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. McLeary CONDADO UNIT 2012
SAN JUAN, PR
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