Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Bedrooms: | 7 BR |
| Bathrooms: | 5 |
| Area: | 2858 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$698,000
Listing Courtesy of LYNNETTE CARTAGENA QUIÑONES
Excellent multifamily investment opportunity on Magnolia Street in Monteflores, Santurce, just a 3 minute drive from Universidad del Sagrado Corazón.
Description
Excellent multifamily investment opportunity on Magnolia Street in Monteflores, Santurce, just a 3-minute drive from Universidad del Sagrado Corazón.
This property features three residential units, plus a rear efficiency that can be renovated and potentially converted into a fourth apartment, subject to applicable permits and approvals.
Unit 1 offers 4 bedrooms, 2 bathrooms, and a comfortable balcony. Unit 2 features 2 bedrooms and 1 bathroom, while Unit 3 offers 1 bedroom and 1 bathroom. All three units feature quality flooring, updated kitchens, and bedrooms with closets.
One of the property's standout features is its spacious outdoor patio and generous parking area, with room for approximately 8 vehicles—an exceptional advantage for a multifamily property in this location. The outdoor space also offers the possibility of creating a garden with a swimming pool, subject to applicable permits and approvals.
Whether you're looking to live in one unit while generating rental income from the others or seeking an income-producing investment property, this versatile property offers multiple possibilities. Conveniently located near the university, shopping, restaurants, and major roadways, with easy access to the greater San Juan metropolitan area.
Don't miss this opportunity to own a multifamily property with excellent rental income potential in Santurce, Puerto Rico!
Amenities
- Balcony
- Electricity Connected
- Garden
- High ceiling
- Private Entrance
- 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.