Apt: 702
SAN JUAN, PR 00909

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 4
Pets: Pets Allowed
Lot Size: 0.1 Acres

Financials

Price:$510,000
505 Park Ave, New York, NY 10022
Listing Courtesy of SIGNATURE REAL ESTATE LLC

Great income producing multifamily property ideally located in one of Santurce s most promising and rapidly evolving neighborhoods.

Description

One or more photo(s) has been virtually staged. Great income-producing multifamily property ideally located in one of Santurce’s most promising and rapidly evolving neighborhoods. Situated on Sánchez Street, just steps from Hospital Pavia Santurce, this turnkey asset offers a rare combination of strong rental potential, ample parking, and a highly desirable central location. The property consists of four residential units, including three fully renovated 1-bedroom, 1-bathroom apartments, each featuring a private kitchen and living area, plus one newly remodeled 2-bedroom, 1-bathroom apartment with laundry area, living room, and dining space. A standout feature is the generous parking configuration, including an enclosed garage for one vehicle, one additional exterior parking space, and four covered parking spaces located on the adjacent lot connected directly to the building through a private entrance with an electric gate. The building is equipped with solar power system and has 3 individual electric and water meters. Conveniently positioned with quick access to PR-22 and Avenida Fernández Juncos, the property is minutes from the area’s major employment centers, universities, healthcare facilities, restaurants, entertainment venues, and cultural attractions. Nearby destinations include Universidad del Sagrado Corazón, Coliseo de PR José Miguel Agrelot, the vibrant districts of Miramar and Santurce, the Puerto Rico Convention Center, and the Distrito T-Mobile. Whether you’re seeking a cash-flowing investment, a short-term rental portfolio, or a long-term rental asset in a high-demand urban market, this property presents an outstanding opportunity with significant upside potential. A rare turnkey investment opportunity in one of San Juan’s most dynamic rental markets. Tax incentives may apply. Call now for a private appointment.

Amenities

  • Awnings
  • Cable - Available
  • Electricity Available
  • Electricity Connected
  • Fence
  • High ceiling
  • Open Floorplan
  • Sewer Connected
  • Sidewalk
  • Storage
  • Water Available
  • Water Connected

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.