Description

Multifamily Investment Opportunity | Barrio Obrero, Santurce Positioned in the heart of Santurce's rapidly evolving Barrio Obrero neighborhood, this three-unit multifamily property presents a compelling investment opportunity in one of San Juan's most strategically located urban districts. The municipality has recently completed—and continues to invest in—infrastructure improvements designed to enhance accessibility, pedestrian connectivity, and the overall appeal of the area, making Barrio Obrero an increasingly desirable destination for residents, businesses, and investors alike. Ideally located just minutes from the Sagrado Corazón Train Station, Universidad del Sagrado Corazón, major highways, shopping, dining, and ongoing urban redevelopment, the property benefits from exceptional connectivity and strong rental demand. The building consists of three income-producing units: * Main Residence (Front – First Floor): A comfortable 2-bedroom, 1-bathroom residence. * Second Unit (Rear – First Floor): A 1-bedroom, 1-bathroom studio-style apartment. * Third Unit (Second Floor): A 1-bedroom, 1-bathroom apartment with exclusive access to a private rooftop. One of the property's most attractive features is its expansive rooftop, which offers the potential to be developed into a fourth residential unit, subject to obtaining the necessary permits and approvals. Additionally, given the property's location within a corridor surrounded by thriving commercial activity, there is potential for commercial use, should the appropriate zoning variance be obtained. The close proximity to Universidad del Sagrado Corazón creates an outstanding opportunity to meet the growing demand for student housing, an increasingly important segment of the local rental market. Whether operated as long-term residential rentals, student housing, or a mixed-use investment, the property offers multiple avenues for value creation and income generation. With its prime urban location, redevelopment potential, and flexibility for both residential and possible commercial use, this property represents an exceptional opportunity for investors seeking to capitalize on the continued transformation of Santurce. Highlights: * Three-unit multifamily property * Prime location in Barrio Obrero, Santurce * Minutes from Sagrado Corazón Train Station and Universidad del Sagrado Corazón * Close to major highways, retail, restaurants, and urban redevelopment * Rooftop with potential for a fourth unit (subject to permits) * Potential commercial use with approved variance * Strong student housing and rental income potential * Ideal for investors or owner-occupants seeking supplemental rental income Cash Sale Only. Serious inquiries only.