Active

$2,199,000

Features:
  • 13 Bedrooms
  • 8 Bathrooms
  • 3553 sq ft
Overview
  • ID: MFRPR9121619
  • Bedrooms: 13
  • Bathrooms: 8
  • Size: 3553 sq ft
Property Details
Remarks
Income-producing 8-unit multifamily property in a prime Santurce location just steps from Calle Loíza. No HOA fees and no short-term rental restrictions, making this an exceptional investment opportunity in one of San Juan’s most vibrant rental markets. The property consists of four 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two 3-bedroom/1-bath units, with 3,553 sqft of living area on a 286 sqm lot. Features include separate entrances, remodeled kitchens, split-unit A/Cs, balconies, laundry areas, water sister, portable backup power generator, and comes fully equipped for immediate operation. Currently operated as a mix of short-term and long-term rentals, with 5 units active on STR platforms and 3 units leased long term. Property has a strong rental history and excellent income-producing potential. Ideally located near beaches, restaurants, nightlife, hotels, parks, pharmacies, shops, and major attractions. Separate parking lot available. Property is tenant occupied; showings by appointment only and scheduled between guest stays. Proof of funds required prior to showings. Contact the listing agents for additional information.
Financial Considerations
Price:
$2,199,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$618.91
Tax Legal Description:
N/A
Exterior Features
Lot Size:
2756
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete, Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
13
Bathrooms:
8
Heating:
Other
Cooling:
Mini-Split Unit(s)
Appliances:
Convection Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Furnished:
Yes
Floor:
Other
Levels:
Multi/Split
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
2016
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    119 SANTA CECILIA
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