Active

$1,495,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 3129 sq ft
Overview
  • ID: MFRPR9107817
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 3129 sq ft
Property Details
Remarks
Extraordinary Turnkey Investment Opportunity in Ocean Park! Escape to paradise and unlock the door to a lucrative investment in the heart of the highly coveted Ocean Park neighborhood. This magnificent two-story house, listed at $1,495,000.00, is not just a home; it's a turnkey business opportunity that promises an impressive annual income of over $100,000.00! Key Features: Prime Location: Just 2 blocks from the beach, this property is nestled in one of San Juan’s most requested neighborhoods. Investor's Dream: Tailored for those seeking an effortless investment, this house is furnished and designed to generate substantial income with minimal effort. Act 60 Friendly: Perfect for Act 60 beneficiaries looking for a strategic investment, this property opens the door to tax advantages while providing residency in the gated neighborhood of Ocean Park. Income Potential: Ready to rent each floor separately or as one home, this property has a history of lucrative income. Currently operating as a short-term rental, it has consistently earned an impressive $130,000 annually for two consecutive years. Turnkey Excellence: Everything is in place for immediate occupancy and income generation. The property is already listed on the most visited platforms, ensuring a seamless transition for the next owner. Spacious Layout: With 5 bedrooms and 4 full bathrooms, this two-story gem is ideal for various living arrangements. The first floor boasts 3 bedrooms, 2 bathrooms, a fully equipped kitchen, a welcoming living room, and a charming terrace. The second floor features 2 bedrooms, 2 bathrooms, another well-appointed kitchen, and a delightful terrace. Act Now: Seize this golden opportunity to own not just a home but a thriving investment in one of Puerto Rico's most sought-after locations. Contact us today to explore the endless possibilities and make your dream of owning a turnkey business a reality! Hazard Insurance:$1,215.00 Property Insurance:$1,077.00
Financial Considerations
Price:
$1,495,000
HOA Fee:
130
Tax Amount:
$2152.24
Price per SqFt:
$477.79
Tax Legal Description:
URBANA: Solar en la Sección Norte del Barrio Santurce de San Juan, sitio conocido por el Parque. Es el marcado con el número doce (#12) de la manzana K de los terrenos urbanizados por Ocean Park Development Corporation. Tiene un área superficial de doscientos noventa puntos setenta (290.70) metros cuadrados. Colinda por el NORTE, en diecisiete (17.00) metros, con calle Cacique; por el SUR, en igual medida, con el solar número seis (#6) de dicha manzana propiedad de Ocean Park Development Corporation; por el ESTE, en diecisiete punto diez (17.10) metros, con el solar número trece (#13) de la misma manzana K propiedad de Margaret L. Brackett; y por el OESTE, en igual medida con el solar número once (#11) de la manzana K de Ocean Park Development Corporation.
Exterior Features
Lot Size:
3012
Lot Features:
Street One Way
Waterfront:
No
Parking Spaces:
N/A
Parking:
Alley Access
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
None
Cooling:
Mini-Split Unit(s)
Appliances:
Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Furnished:
No
Floor:
Marble
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1950
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony, French Doors, Private Mailbox, Sidewalk, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    2008 CACIQUE STREET
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