Property
| Ownership: | For Sale |
|---|---|
| Type: | House |
| Bedrooms: | 6 BR |
| Bathrooms: | 7 |
| Area: | 5772 sq ft |
| Lot Size: | 400 sq ft |
Financials
Price:$950,000
Listing Courtesy of Movida Group LLC
AVENIDA FERNANDEZ JUNCOS House San-Juan
Description
1100 Ave. Fernández Juncos & 703 San Juan Street | Rare opportunity to acquire two buildings for the price of one in one of San Juan's strongest rental corridors. The property consists of six fully equipped 1-bedroom residential apartments, each featuring new A/C units, kitchen appliances, independent LUMA electric meters, and dedicated parking. The asset also includes a commercial space currently generating approximately $3,000 per month in rental income, creating immediate cash flow and a diversified income stream. Positioned as a true value-add investment, the property offers investors the opportunity to acquire an income-producing asset with significant upside through rental optimization. With existing residential income, established commercial tenancy, and the ability to increase rents toward market levels, the property presents strong potential to improve net operating income without additional expansion. Strategically located on Avenida Fernández Juncos, one of San Juan's primary commercial and residential corridors, the property enjoys immediate access to Condado, Miramar, Santurce, Old San Juan, the Puerto Rico Convention Center, Distrito T-Mobile, Luis Muñoz Marín International Airport, major hospitals, universities, restaurants, entertainment districts, and the area's principal expressways. Its central location continues to drive strong demand for both residential and commercial occupancy. Cash sale only. To schedule your private tour, call today!..
Neighborhood
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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.