Multi-family in the UPR neighborhood with 4 Electricity/Water meters | $449,000
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RE/MAX Classic PR
898 Munoz Rivera Ave. PS-3 San Juan PR 00927

Puerto Rico

Details

%
Years (35 year max)
Years



AreaRío Piedras
Sub AreaSanta Rita (Urbanizacion)
State/ProvinceSan Juan
CountryPuerto Rico
Price$449,000
Property TypeHouse
Bedrooms9
Bathrooms4
Floor Space2800 Square Feet
Lot Size281.00 m²
Year Built1975
Parking2 Spaces, In Line
MLS® #59850

Centrally located multi-family building in Santa Rita, Rio Piedras, San Juan, completely built in concrete with high ceilings, consisting of four apartments: the first with three bedrooms and one bathroom; the second with two large bedrooms and one bathroom; the third with two bedrooms and one bathroom; and the fourth is a studio apartment with two small bedrooms. It has recently been painted and renovated. It generates rental income, amounting to around $4,000 per month, with only one vacant apartment already in final rental agreements. Walkable and very safe area, on the closest street to the University of Puerto Rico (UPR) in Santa Rita, entering from University Avenue. The university, shops, businesses, hospitals, and restaurants are within walking distance in the vibrant Rio Piedras neighborhood. Although the building has parking, residents choose to park on the street. Short-term rentals are allowed, and the area has several very successful properties in this rental format. Also ideal for long-term rentals, for students, professionals working in the area, parents worried about their children attending university, or for living in one of the units and earning income from the others as an investment property (where the property pays for itself and provides monthly profits)..


Listed by Mi Casa Realty


Location

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Data Source: Statistics Canada
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