Puerto Rico, San Juan
Investment Property

Investment Property for Sale, 18

Price

$1,800,000

ID: 1f061e
Listed: 27 Sep 2023

Bedrooms

18

Common area

3,049 sqft

Experience the Charm of Calle del Parque in Santurce with this Unique Investment Opportunity

A Prime Investment Opportunity

Located in the prestigious Calle del Parque neighborhood, this property presents a rare opportunity for investors, developers, and homeowners alike. The building consists of six spacious apartments, each offering three bedrooms and one bathroom. Currently undergoing renovations, this property will be delivered in pristine condition, providing a blank canvas for new owners to create their dream space.

Flexible and Profitable

With the option to subdivide, this property offers investors the chance to control the entire building or sell individual units. Its prime location, just a 2-minute walk from Ciudadela, makes it an attractive choice for both long-term and short-term rentals. Anticipated monthly rental income of $2,500 for long-term rentals and potentially double that for short-term rentals ensures an excellent return on investment.

The Vibrant Lifestyle of Santurce

Located in one of the most sought-after neighborhoods in Santurce, Calle del Parque is renowned for its vibrant arts and cultural scene. Its proximity to the beach adds a touch of Caribbean charm, making it an ideal spot for those seeking an urban lifestyle with a relaxed island vibe. This is your chance to own a piece of Santurce and create your own dream home or investment property in Puerto Rico's most desirable neighborhood.

Proof of funds or a pre-qualification letter will be required to schedule a showing. For more details on the construction and to arrange a viewing, please contact the listing agency.

Speak with an Expert

Feel like exploring the Dominican? Start the day with a hike on one of Playa Moron’s many trails. Weave your way around the gated community to find secluded sandy coves for swimming and paddleboarding.

Price

$1,800,000

ID: 1f061e
Listed: 27 Sep 2023

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