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898 Munoz Rivera Ave. PS-3 San Juan PR 00927
Puerto Rico
Details
| Area | Santurce |
| Sub Area | Bouret Barbe (Urbanizacion) |
| State/Province | San Juan |
| Country | Puerto Rico |
| Price | $2,100,000 |
| Property Type | House |
| Floors in Building | 4 |
| Bedrooms | 15 |
| Bathrooms | 12 |
| Floor Space | 6082 Square Feet |
| Lot Size | 246.00 m² |
| Year Built | 1952 |
| Parking | 9 Spaces, Open |
| MLS® # | 63346 |
An exceptional investment opportunity to acquire a historic apartment building located in Bauret Bárbe, near El Sagrado Corazón in Santurce, Puerto Rico. This turnkey asset consists of nine (9) residential units, three of which are duly registered and permitted for short-term rental through Airbnb. In 2025, the property generated approximately $160,000 in combined short-term and long-term rental income, demonstrating strong and diversified cash flow. Unit Breakdown: First Level: • One (1) 3-bedroom / 2-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Second Level: • One (1) 2-bedroom / 2-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Third Level: • One (1) 2-bedroom / 2-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Fourth Level: • One (1) 3-bedroom / 1-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Fifth Level: • One (1) 1-bedroom / 1-bathroom penthouse with private terrace Five (5) of the nine units are fully furnished. Building amenities include a common laundry room, security camera system, water cistern with electric pump, and a 20-kilowatt generator capable of supplying power to the entire building. The property benefits from CRIM tax exemption due to its Historic Zoning designation. Additionally, all plumbing and electrical systems have been fully replaced throughout the entire building, ensuring modern infrastructure and reduced capital expenditure for the next owner. Coordinates: 18.441468, -66.060843..
Listed by Alpine Real Estate
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