Property

Ownership: For Sale
Type: House
Bedrooms: 7 BR
Bathrooms: 3
Area: 2500 sq ft
Lot Size: 232 sq ft

Financials

Price:$750,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Grand Homes

CALLE House San-Juan

Description

INCOME MULTIFAMILY PROPERTY IN THE HEART OF SANTURCE – SAN JUAN, PUERTO RICO Excellent investment opportunity in one of the areas with the highest demand for short- and long-term rentals in Puerto Rico. This remodeled multifamily property features approximately 2,500 square feet of construction distributed over two levels, offering multiple income streams and great potential for appreciation. Property Layout: First Level * Main residence with 3 bedrooms and 1 bathroom. * Spacious living room, kitchen, and dining area. * Covered parking. * Small backyard. * Completely independent entrance. Second Level – Front Apartment * 1 bedroom and 1 bathroom. * Living room and kitchen. * Private balcony overlooking the front of the property. Second Level – Rear Apartment * 3 bedrooms and 1 bathroom. * Living room, kitchen, and dining area. * Independent entrance. Currently, the property generates income through a combination of short- and long-term rentals, allowing for operational flexibility and attractive profitability for investors. Strategic Location: Situated in the vibrant Santurce district, this property is minutes from some of Puerto Rico's most popular and frequently visited destinations: Condado, Miramar, Ocean Park, and Isla Verde. It offers quick access to Luis Muñoz Marín International Airport and is also minutes from hospitals, universities, and medical centers. Restaurants, cafes, supermarkets, and shopping centers are nearby. Major thoroughfares such as Ponce de León Avenue, Baldorioty de Castro Avenue, and PR-22 Expressway are easily accessible. This area is highly attractive to professionals, students, tourists, and executives. There is strong demand for corporate, residential, and vacation rentals year-round. The combination of its excellent location, multiple independent units, and strong rental demand makes this property an ideal opportunity for investors seeking immediate cash flow and long-term equity growth. Interested parties must present a bank pre-qualification letter or proof of funds before scheduling a private visit to the property. For more information or to schedule a showing, please contact us..

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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.