Blocks from Ocean Park beach and only a block away from hip and trendy "Loiza Street", this multi-unit building, is a great investment opportunity. Featuring 12 units, encompassing both studios and 1-bedroom units, including 12 parking spaces. Presently yielding a $97,000 in annual income through long-term tenants, this investment serves as a testament to stability. However, its allure is further heightened by the promise of future gains. Airbnb gross projections elevate the potential income to an impressive $296,400, unveiling a lucrative avenue for discerning investors. Strategically positioned near Ocean Park's vibrant locales, renowned dining establishments, and pristine beaches, the property enjoys a coveted address. The intentional combination of long-term leases and the burgeoning short-term rental market solidifies this investment as a versatile asset in the thriving Ocean Park community. convenience.
For sale
$1,875,000
McLeary Condado #2012, San Juan, PR 00911
--beds
0baths
4,133sqft
Est.:
Multi Family
Built in 2000
-- sqft lot
$-- Zestimate®
$454/sqft
$-- HOA
What's special
- 507 days
- on Zillow |
- 92 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: November 25, 2024 at 07:35am
Listing Provided by:
Ilia Martinez Carn 787-640-2546,
ILIA MARTINEZ & ASSOCIATES 787-548-4949
Source: Stellar MLS,MLS#: PR9103573
Originating MLS: Puerto Rico


Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Other
Features
- Other
- Has fireplace: No
Interior area
- Total interior livable area: 4,133 sqft
Video & virtual tour
Property
Parking
- Total spaces: 12
- Parking features: Carport
- Carport spaces: 12
Features
- Exterior features: Other
Lot
- Size: 4,240 Square Feet
Details
- Parcel number: 04104218510001
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: MCLEARY 2012
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $454/sqft
- Annual tax amount: $1,500
- Date on market: 12/13/2023
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Other
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