Description

TURNKEY INVESTMENT OPPORTUNITY IN CONDADO – SHORT-TERM RENTALS ALLOWED! Remodeled, fully furnished and equipped apartment located on the second floor (Unit 3A) of De Diego 61 Condominium, in the heart of Condado. This 589 sq. ft. apartment features one bedroom with a walk-in closet, one bathroom, an open living and dining area, and a modern, fully equipped kitchen with an induction cooktop, refrigerator, and microwave. Additional features include an in-line water heater, an 18,000 BTU A/C unit in the living-dining area, and a 12,000 BTU A/C unit in the bedroom. The apartment also has its own emergency backup battery, providing limited power to selected lights and a fan during power outages. Includes one uncovered parking space for a compact vehicle. The condominium has a water cistern and communal washer and dryer facilities on the eighth floor. Monthly HOA fee: $232.18, including water. Property taxes (CRIM): $303 semiannually. SHORT-TERM RENTALS ALLOWED. Currently operating as an Airbnb, generating approximately $40,000 in reported annual gross rental income. An attractive turnkey investment opportunity with furnishings and equipment included! Enjoy an exceptional walkable location, approximately 4 minutes from Beach and just two blocks from vibrant Calle Loíza. Supermarkets, restaurants, cafés, gyms, shops, and entertainment are all nearby, along with St. John's School, Robinson School, and Ashford Presbyterian Community Hospital. Approximately 12 minutes by car to Luis Muñoz Marín International Airport, depending on traffic. LIVE, VACATION, OR INVEST IN CONDADO! Enjoy the beach, dining, shopping, and everyday conveniences just steps from your door, without the need for a car!