Eco Friendly
Address
189 Jose Padin, SAN JUAN, PR
Price
$ 975,000
Property Attributes
  • MLS#PR9104739
  • TypeIncome
  • CountySAN JUAN
  • CitySAN JUAN
  • AreaSan Juan
  • NeighborhoodJuan B. Huyke
  • Zip00919
  • StyleMulti Family
  • Price$ 975,000
  • Bedrooms1
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage3031
  • Lot Size0.09 Acres
Data Source:
Stellar MLS
Property Description

We present an unparalleled investment opportunity in the vibrant heart of Hato Rey. This turnkey multi-family property boasts nine units, comprising eight studios and one spacious one-bedroom apartment. Each unit has been meticulously remodeled to the highest standards, ensuring residents' optimal comfort and modern living. Our property is fully occupied and generates robust and consistent income streams from long-term rentals. However, our vision extends far beyond the present. With the rising demand for short-term rentals in the area, fueled by tourism and business travel, we envision a seamless transition to capitalize on this lucrative market segment. One of the key highlights of our property is its sustainability feature. Equipped with state-of-the-art 10K watts solar panels, our property operates entirely off the grid, providing full power autonomy to all units. This reduces operational costs and aligns with eco-conscious living, a growing trend among tenants and investors alike. Moreover, our commitment to impeccable maintenance ensures that the property retains its pristine condition, safeguarding the investment and the tenant experience. Situated in the bustling district of Hato Rey, our location offers unparalleled convenience and access to many amenities, including renowned restaurants, shopping centers, educational institutions, and transportation hubs. This investment opportunity presents a compelling blend of stability, growth potential, and sustainability. With a solid foundation and our strategic vision to tap into the burgeoning short-term rental market, investors can expect lucrative returns and long-term value appreciation. Join us in redefining urban living in Hato Rey and unlocking the full potential of this exceptional property.

Price History
2/21/2024 Listed $1,400,000
3/4/2024 15% - $1,195,000
4/3/2024 19% - $975,000

General Features

Interior Features Open Floorplan
Sewer None
Heating None
Cooling Mini-Split Unit(s)
Utilities Electricity Connected,Emergency Power,Solar,Water Connected
Roof Cement
Exterior Features Awning(s),Balcony,Courtyard,Sidewalk
Zoning R-3
Security Features Security Gate,Security Lights
Construction Materials Concrete
Year Built 1970
Electric Photovoltaics Seller Owned
Levels Two
Property SubType Multi Family
Percent Ownership Fee Simple
County San Juan
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name JUAN B. HUYKE
Garage Y/N No
Green Energy Generation Solar
Status Active
Directions Ubicada detras del restaurante Olive en Ave. Roosevelt. Entrando por la calle Sherwin Williams.
City SAN JUAN
Buyer Agent Compensation 2%
NumberOfUnitsTotal 9
MLS Area 00919 - San Juan
Lot Size Units Square Feet
Lot Size Square Feet 4036
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Jose Padin
Property Condition Completed
Public Remarks We present an unparalleled investment opportunity in the vibrant heart of Hato Rey. This turnkey multi-family property boasts nine units,comprising eight studios and one spacious one-bedroom apartmen
Ok to Lease 12 Months
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9104739
Days on Market 76
Living Area Units Square Feet
Standard Status Active
Water Access Y/N No
Additional Rooms Storage Rooms
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Laundry Features Common Area
Total Bedrooms 1
LivingAreaSource Owner
Total Baths 9

Exterior Features

Parking Features On Street
Water Source Public
Lot Size Area 4036
Foundation Details Slab
Number of Buildings 2
Lot Size Acres 0.09
Road Surface Type Asphalt
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 00919

Price
AVG $980K
$980K
Visits
AVG 493
494
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1970

Your Agent

Mary Scott

Administrative Assistant

727-510-1356

Listed By
AGUDO PROPERTIES, LLC with 787-222-1932. - 787-222-1932

Areas We Cover