Prime Income Property Investment in the Heart of Hato Rey | $622,900 | MLS# 63082
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RE/MAX Classic PR
898 Munoz Rivera Ave. PS-3 San Juan PR 00927

Puerto Rico
MLS# 63082

Details

%
Years (35 year max)
Years



AreaHato Rey Central
Sub AreaEl Vedado (Urbanizacion)
State/ProvinceSan Juan
CountryPuerto Rico
Price$622,900
Property TypeHouse
Bedrooms6
Bathrooms4
Floor Space3000 Square Feet
Lot Size450.00 m²
Year Built1980
Parking8 Spaces, Garage
MLS® #63082

Income Property — Hato Rey | High Cash Flow + Value-Add Exceptional 3-unit multi-family in the heart of Hato Rey, one of San Juan’s most dynamic rental markets. Independent meters, strong tenant demand, and strategic location create a reliable, scalable income platform. Location Advantage Minutes from Plaza Las Américas, Milla de Oro/financial district, Distrito T-Mobile, El Coliseo, Condado, airport, hospitals, and major highways — a central hub that consistently drives rental demand. Property Highlights • 3 spacious units, separately metered • Main unit: 3/2 + 2-car garage • Ample private parking • Potential to add 1–2 additional units (subject to approvals) Income & Cap-Rate Economics Projected gross income $60K–$80K annually. Using an income approach, and cap rates generally seen in this submarket, the NOI supports a valuation in the $600K–$700K+ range, with upside as rents optimize and units are expanded. Short-Term Rental Upside Configuration and location also make this asset well-positioned for Airbnb/short-term rentals, providing the potential to materially increase revenue (where permitted) while maintaining long-term rental optionality..


Listed by Universal Realty


Location

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Data Source: Statistics Canada
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