Income-Generating Property for Sale | San Rafael #1418 | $870,000 | MLS# 63495
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RE/MAX Classic PR
898 Munoz Rivera Ave. PS-3 San Juan PR 00927

Puerto Rico
MLS# 63495

Details

%
Years (35 year max)
Years



AreaSanturce
Sub AreaSanturce (Barrio)
State/ProvinceSan Juan
CountryPuerto Rico
Price$870,000
Property TypeHouse
Bedrooms11
Bathrooms8
Floor Space20 Square Feet
Lot Size2.00 m²
Year Built1970
Parking2 Spaces, Open
MLS® #63495

Excellent opportunity to acquire a renovated, income-producing property located in the heart of Santurce, just minutes from main highways, shopping, restaurants, cafés, and all the conveniences of city living. This two-story building is comprised of 9 units and is currently operating as a stabilized long-term rental asset. The property is currently leased to a long-term tenant generating $11,500 per month, with approximately 20 months remaining on the existing lease, offering immediate and predictable cash flow. The buyer will assume the existing lease, making this an ideal opportunity for investors seeking steady income from day one. Thoughtfully renovated and well maintained, the property features a functional layout designed to maximize rental performance. Parking spaces available in front of the property add to its appeal and convenience for tenants. A turnkey investment in one of San Juan’s most dynamic and high-demand areas..


Listed by Iconic Realty Group LLC


Location

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Data Source: Statistics Canada
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