Active

$1,350,000

Features:
  • 12 Bedrooms
  • 9 Bathrooms
  • 6729 sq ft
Overview
  • ID: MFRPR9119016
  • Bedrooms: 12
  • Bathrooms: 9
  • Size: 6729 sq ft
Property Details
Remarks
A fully built, six-unit residential compound in one of San Juan's most walkable, in-demand rental submarkets — the kind of turnkey multi-family that rarely trades inside the urban core. Step through the gated street entrance and the city falls away. The property opens into a quiet interior courtyard with covered walkways, mature trees, and landscaped planters, so each unit gets light, cross-ventilation, and real separation from the next. It's a calm, private setting that tenants stay in. The numbers: a 626.25 m² lot improved with a four-story reinforced-concrete main building holding five units, plus a separate two-story rear building with a sixth — six independent residences totaling roughly 6,729 sq ft. Everything sits on a single fee-simple parcel, so you're buying the whole asset clean. Concrete construction, concrete roof, hurricane shutters, and Flood Zone X (non-flood) mean low maintenance and low risk — a building you can own from a distance without surprises. Six covered parking spaces, multiple water meters, secured pedestrian access, and internal service areas round it out. Why it stays rented: you're minutes from major hospitals, universities, transit arteries, and employment and commercial corridors, with a water and beach view to go with it — the demand drivers that keep medical staff, and young professionals competing for units year after year. The opportunity is flexible. Run all six as a straight rental play, live in one and let the other five carry the building, or include short term rentals in some of the units for more cash flow. Current projected performance: $10k a month in rental income. Strong fit for anyone building a Puerto Rico portfolio. Serious investor inquiries welcome.
Financial Considerations
Price:
$1,350,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$200.62
Tax Legal Description:
URBANA: Solar en el sitio Martin Peña, Sección Norte del Barrio Santurce de la ciudad de San Juan, Puerto Rico, señalada el No. 7 en el plano de la Urbanización Sagrado Corazón, con un área de 626.25 metros cuadrados. Colida por el NORTE, en 20.46 metros, con el solar propiedad de la Congregación de las Madres del Sagrado Corazón de Jesús de Puerto Rico, y en 22.25 metros, con el solar propiedad de Monserrate Carrión Viuda de López; por el SUR, en 40.79 metros con el Solar No. 6 de la Urbanización Sagrado Corazón; por el ESTE, en 15.00 metros, con la Calle Del Valle; y por el OESTE, en 15.12 metros, con terrenos de la Congregación de las Madres del Sagrado Corazón de Jesús de Puerto Rico.
Exterior Features
Lot Size:
6458
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
12
Bathrooms:
9
Heating:
Electric, Natural Gas
Cooling:
Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1980
Construction Type:
Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Fence, Hurricane Shutters, Private Entrance, Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    424 DEL VALLE ST MONTEFLORES DEV
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