Income-Generating Multi-Family Property for Sale. This remodeled property located in the heart of Rio Piedras' university neighborhood features six apartments actually generating a substantial income of $4,800 with the potential of reaching $5,200+ in tax-free monthly rental earnings. It includes five one-bedroom units and one two-bedroom unit. Located walking distance from UPR, it ensures high tenant demand and low vacancy rates. Recent upgrades include modern kitchens, updated bathrooms, security windows, new flooring, plumbing and electricity. Its prime location offers walking access to campus, public transit, restaurants and more. A turnkey opportunity with strong ROI potential. *Bank letter or proof of funds are required prior to showings*
Pending
Price cut: $50K (3/12)
$549,000
995 Madrid, San Juan, PR 00925
7beds
6baths
3,250sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
Security windowsModern kitchensUpdated bathroomsNew flooringPlumbing and electricity
- 67 days
- on Zillow |
- 14 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 02:36pm
Listing Provided by:
Wanda Pancorbo 787-398-0522,
WANDA PANCORBO REALTY 787-398-0522
Source: Stellar MLS,MLS#: PR9111798
Originating MLS: Puerto Rico


Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Gas Dryer Hookup, Inside, Outside, Washer Hookup
Features
- Kitchen/Family Room Combo, Living Room/Dining Room Combo
- Has fireplace: No
Interior area
- Total interior livable area: 3,250 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached, Carport
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Exterior features: Balcony
Lot
- Size: 3,250 Square Feet
Details
- Parcel number: 08700245309001
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Concrete
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Water Available
Community & HOA
Community
- Subdivision: URB HYDE PARK
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $169/sqft
- Date on market: 2/17/2025
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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