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60 Ismael Rivera Street #1-3,  San Juan PR, 00911

(Active)
$1,200,000
|
8 beds, 5 Full baths, 3,600 sqft
|
MLS# PR9097979
Last Updated: 5/20/2024 9:50 AM
Description for 60 Ismael Rivera Street #1-3 San Juan, PR 00911
This property is a great investment opportunity, whether you're looking for a short-term or long-term rental income. It consists of three Mediterranean-style structures built over a 378-square-meter lot, with approximately 3,800 square feet of construction, four parking spaces, a TESLA battery, and 38 solar panels connected to a Net Metering system that will significantly reduce electricity bills. The property also includes an outdoor entertainment area.The main building has two independent units. The first unit on the ground floor has four remodeled bedrooms, two full bathrooms, a living/dining room, a full kitchen, and a porch in front. Each of the bedrooms and the living room has an AC split unit. The second-floor unit features three bedrooms, two full bathrooms, and a spacious open-layout kitchen with access to the balcony, living, dining, and family room. The second building, located at the back of the property, has one bedroom and one bathroom. Owners can live in the main building and operate their business or rent the units to generate additional income. The 4-bedroom unit has been fully remodeled and rented on a short-term basis. We estimate this property can generate a gross income of between $12,000 and $14,000 per month. It is perfect for short-term rentals like Airbnb and is a sought-after area for tourists and relocations.The property is in a great community,"There are many restaurants located within a short walking distance from here.", cafes, fresh food markets, parks, and shopping. There are also great nightlife activities, including cultural and music nights at La Placita or Ventana al Mar in Condado. There is an area in the back where a small pool can be put. All three apartments are turn-key, ready for rentals, and generating very attractive cash flow. Tax incentives may apply. The price is not subject to appraisal. Please call for a private appointment.
Price
$1,200,000
SAN JUAN
San Juan
8
5 Full
3,600 (approx)
PR9097979
Active
Description
This property is a great investment opportunity, whether you're looking for a short-term or long-term rental income. It consists of three Mediterranean-style structures built over a 378-square-meter lot, with approximately 3,800 square feet of construction, four parking spaces, a TESLA battery, and 38 solar panels connected to a Net Metering system that will significantly reduce electricity bills. The property also includes an outdoor entertainment area.The main building has two independent units. The first unit on the ground floor has four remodeled bedrooms, two full bathrooms, a living/dining room, a full kitchen, and a porch in front. Each of the bedrooms and the living room has an AC split unit. The second-floor unit features three bedrooms, two full bathrooms, and a spacious open-layout kitchen with access to the balcony, living, dining, and family room. The second building, located at the back of the property, has one bedroom and one bathroom. Owners can live in the main building and operate their business or rent the units to generate additional income. The 4-bedroom unit has been fully remodeled and rented on a short-term basis. We estimate this property can generate a gross income of between $12,000 and $14,000 per month. It is perfect for short-term rentals like Airbnb and is a sought-after area for tourists and relocations.The property is in a great community,"There are many restaurants located within a short walking distance from here.", cafes, fresh food markets, parks, and shopping. There are also great nightlife activities, including cultural and music nights at La Placita or Ventana al Mar in Condado. There is an area in the back where a small pool can be put. All three apartments are turn-key, ready for rentals, and generating very attractive cash flow. Tax incentives may apply. The price is not subject to appraisal. Please call for a private appointment.
Listing Information
Property Type: Single Family, Contemporary, Mediterranean, 2 Story
8 5 Full
15 0.93 Acres 3,600 (approx)
1970 Yes-4 spaces 2
Brick,Cement plank
Sa//
SAN JUAN
Brick/Mortar, Concrete Pe
Public
Public Sewer
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Neighborhood
Room Information
Bathrooms
5
Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Outside, Washer Hookup
Interior Features
Cooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
Tile, Ceramic Tile
Other, None
Aluminum Frames, Shutters
Key Card Entry, Secured Garage/Parking, Security Gate, Security Lights, Security System, Smoke Detector(s)
High Ceilings, Smart Home, Stone Counters
Exterior / Lot Features
4 Carport Spaces, Alley Access, Off Street, On Street
Brick, Cement Plank
Covered, Front Porch, Rear Porch
Concrete
City
RT-3
Balcony, Garden, Lighting, Outdoor Grill
Community Features
Key Card Entry, Secured Garage/Parking, Security Gate, Security Lights, Security System, Smoke Detector(s)
Driving Directions
Calle Ismael Rivera #60, between Calle Loiza and McLeary Avenue, San Juan, PR 00911
Financial Considerations
041-042-615-08-001
$1,200
Cash, Conventional, FHA, Private Financing Available
Listing Price History

San Juan Real Estate

San Juan is located in Puerto Rico.

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Courtesy: PR SHORT CORPORATE INTERNATIONAL REALTY, 787-525-4364


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/20/2024 9:50 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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