Description

Income-producing 8-unit multifamily property in a prime Santurce location just steps from Calle Loíza. No HOA fees and no short-term rental restrictions, making this an exceptional investment opportunity in one of San Juan’s most vibrant rental markets. The property consists of four 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two 3-bedroom/1-bath units, with 3,553 sqft of living area on a 286 sqm lot. Features include separate entrances, remodeled kitchens, split-unit A/Cs, balconies, laundry areas, water sister, portable backup power generator, and comes fully equipped for immediate operation. Currently operated as a mix of short-term and long-term rentals, with 5 units active on STR platforms and 3 units leased long term. Property has a strong rental history and excellent income-producing potential. Ideally located near beaches, restaurants, nightlife, hotels, parks, pharmacies, shops, and major attractions. Separate parking lot available. Property is tenant occupied; showings by appointment only and scheduled between guest stays. Proof of funds required prior to showings. Contact the listing agents for additional information.