Address
McLeary Condado #2012, SAN JUAN, PR
Price
$ 1,875,000
Property Attributes
  • MLS#PR9103573
  • TypeIncome
  • CountySAN JUAN
  • CitySAN JUAN
  • AreaSan Juan
  • NeighborhoodMcleary 2012
  • Zip00911
  • StyleMulti Family
  • Year Built2000
  • Taxes$ 1500
  • Price$ 1,875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4133
  • Lot Size0.09 Acres
Data Source:
Stellar MLS
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.

Price History
12/13/2023 Listed $1,995,000
6/17/2024 7% - $1,875,000

General Features

Interior Features Other
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Electricity Connected,Water Connected
Roof Other
Exterior Features Other
Zoning R-1
Construction Materials Concrete
Year Built 2000
Unit Number 2012
Property SubType Multi Family
Percent Ownership Fee Simple
County San Juan
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name MCLEARY 2012
Garage Y/N No
Status Active
Directions Merge onto Expreso Las Amricas/PR-18 Take the PR-22 E exit toward Santurce/San Juan/Carolina/Aeropuerto Merge onto Autop. Jos de Diego/PR-22 Take the Calle del Parque/Calle San Jorge exit toward C
ModificationTimestamp 2024-06-17T16:04:34.570Z
City SAN JUAN
Buyer Agent Compensation 3%
View Y/N No
NumberOfUnitsTotal 12
MLS Area 00911 - San Juan
Lot Size Units Square Feet
Lot Size Square Feet 4240
Waterfront Y/N No
Carport Spaces 12
Carport Y/N Yes
Land Lease Y/N No
Tax Annual Amount 1500
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9103573
Days on Market 187
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Access Y/N No
Water View Y/N No
Flood Zone Code AE

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Other
LivingAreaSource Appraiser

Exterior Features

Water Source Public
Lot Size Area 4240
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.09
Road Surface Type Other
Covered Spaces 12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 00911

Price
AVG $1.52M
$1.88M
Taxes
AVG $1,746
$1,500
Visits
AVG 819
912
Data Provided by Inside Real Estate®
Year Built
AVG 1986
2000