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898 Munoz Rivera Ave. PS-3 San Juan PR 00927
Puerto Rico

Details
Area | Río Piedras |
Sub Area | Santa Rita (Urbanizacion) |
State/Province | San Juan |
Country | Puerto Rico |
Price | $449,000 |
Property Type | House |
Bedrooms | 9 |
Bathrooms | 4 |
Floor Space | 2800 Square Feet |
Lot Size | 281.00 m² |
Year Built | 1975 |
Parking | 2 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