Property

Ownership: For Sale
Type: House
Bedrooms: 11 BR
Bathrooms: 8
Area: 20 sq ft
Lot Size: 2 sq ft

Financials

Price:$950,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Iconic Realty Group LLC

SAN RAFAEL House San-Juan

Description

Excellent opportunity to acquire a renovated, income-producing property located in the heart of Santurce, just minutes from main highways, shopping, restaurants, cafés, and all the conveniences of city living. This two-story building is comprised of 9 units and is currently operating as a stabilized long-term rental asset. The property is currently leased to a long-term tenant generating $11,500 per month, with approximately 20 months remaining on the existing lease, offering immediate and predictable cash flow. The buyer will assume the existing lease, making this an ideal opportunity for investors seeking steady income from day one. Thoughtfully renovated and well maintained, the property features a functional layout designed to maximize rental performance. Parking spaces available in front of the property add to its appeal and convenience for tenants. A turnkey investment in one of San Juan’s most dynamic and high-demand areas. 4 Studios | 2 One-Bedroom | 2 Two-Bedroom | 1 Three-Bedroom..

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.