McLeary CONDADO #2012 Active Save Request In-Person Tour Request Virtual Tour
San Juan,00911
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,133 sqft
Price per Sqft $453
Subdivision Mcleary 2012
MLS Listing ID PR9103573
HOA Y/N No
Originating Board Stellar MLS
Year Built 2000
Annual Tax Amount $1,500
Lot Size 3,920 Sqft
Acres 0.09
Property Description
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.
Location
County San Juan
Community Mcleary 2012
Zoning R-1
Interior
Interior Features Other
Heating Other
Cooling Other
Fireplace false
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Electricity Connected,Water Connected
Roof Type Other
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None