Caribbean MLSReal Estate

Income-Producing Multifamily Investment – Santurce, San Juan

Not published

The brief

The reason to consider it.

Excellent opportunity for investors seeking a fully operational income-producing property in one of the most in-demand rental areas of Santurce, San Juan. Located at 1717 Calle Colón, this multifamily property sits in a strategic location near restaurants, entertainment, beaches, hotels, and some of the city’s main cultural hubs, making it highly attractive for both short-term and long-term rentals. The property features three fully renovated residential units, ready to continue operating as an investment from day one:

  • First Floor: Spacious 3-bedroom, 2-bathroom apartment, fully furnished, currently operating as a Short-Term Rental, ideal for maximizing income in Santurce’s dynamic tourism market.
  • Second Floor: Two 2-bedroom, 1-bathroom apartments, equipped with appliances, currently operating as Long-Term Rentals, providing stability and consistent recurring income.

This combination of short-term and long-term rentals creates a diversified income structure, a key advantage many investors are seeking in today’s market. The property represents an outstanding opportunity to acquire a renovated, partially furnished, income-producing asset in one of San Juan’s most vibrant and rapidly growing neighborhoods. Ideal for investors looking for immediate cash flow in a prime location.

Last confirmed

Type
Apartment
Land
2,863 ft²
Interior
Available on request
Year built
Available on request

What this listing includes

  • Furnished
  • Kitchen

What people say about Puerto Rico

Accounts from Puerto Rico agree on one point above all: the electric grid.

  • Concern Unreliable grid and outages; backup power treated as a normal ownership cost
  • Concern Hurricane and flood exposure; insurance limits, exclusions and timing need checking before buying
  • Positive Foreign buyers can hold title; purchase runs through option contract, title study and attorney-notary
  • Mixed Act 60 incentives still attract buyers but are narrowing and conditional for new applicants

Read what people say, based on 11 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law