Views
Address
632 Cerra Esq Fernandez Juncos AVENUE #632, SAN JUAN, PR
Price
$ 800,000
Property Attributes
- MLS#PR9106201
- TypeIncome
- CountySAN JUAN
- CitySAN JUAN
- AreaSan Juan
- Neighborhood632 Esquina Ernesto Cerra + Fernandez Juncos
- Zip00907
- StyleMulti Family
- Price$ 800,000
- Bedrooms8
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage6840
- Lot Size4 Acres
Data Source:
Stellar MLS
Property Description
632 ERNESTO CERRA CORNER AVE FERNANDEZ JUNCOS - Take advantage of this fantastic cosmetic FIXER and VALUE ADD, perfect for investors seeking a quick turnaround project or savvy rental income opportunity. With great curb appeal and an excellent location, this property has solid bones and a fantastic layout. According to the assessor's records, it spans 6,840 square feet across four levels. The ground floor offers commercial retail space that can be rented as one large unit or divided into two. The remaining three floors can accommodate 4 to 6 apartments, each boasting beautiful, spacious interiors and skyline views from the common area rooftop. Consider renovating the second floor into two one-bedroom units, dedicating the entire third floor to a spacious 2-bed, 2-bath apartment, and transforming the fourth floor into a stunning penthouse with 2 beds, 2 baths, and ample natural light. Resident parking can be secured at a nearby parking lot. Once renovated, rental income has the potential to produce an 18% cap rate. It is a fantastic value-add opportunity in an up-and-coming neighborhood. Act fast—this property won't last long!
| Price History | |
|---|---|
| 5/10/2024 | Listed $800,000 |
General Features
| Interior Features | High Ceilings,Ninguno |
|---|---|
| Sewer | Public Sewer |
| Heating | None |
| Cooling | None |
| Utilities | Electricity Available,Water Nearby |
| Possession | Close of Escrow |
| Roof | Cement |
| Appliances | None |
| Exterior Features | Balcony |
| Zoning | SU |
| Construction Materials | Concrete |
| Year Built | 1940 |
| View | City |
| Levels | Three Or More |
| Unit Number | 632 |
| Property SubType | Multi Family |
| Percent Ownership | Fee Simple |
| County | San Juan |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | 632 ESQUINA ERNESTO CERRA + FERNANDEZ JUNCOS |
| Garage Y/N | No |
| Status | Active |
| Directions | 632 ERNESTO CERRA CORNER AVE FERNANDEZ JUNCOS |
| ModificationTimestamp | 2024-06-01T18:05:16.610Z |
| City | SAN JUAN |
| Buyer Agent Compensation | 3 |
| Disclosures | Other,Seller Property Disclosure |
| View Y/N | Yes |
| NumberOfUnitsTotal | 6 |
| MLS Area | 00907 - San Juan |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 1776 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Cerra Esq Fernandez Juncos |
| Property Attached Y/N | Yes |
| Land Lease Y/N | No |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/PR9106201 |
| Days on Market | 22 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Legal Description | URBANA: Casa y solar radicada en el Barrio de Santurce de esta ciudad. La casa es de 2 plantas de concreto. El solar ocupa 165.30 metros cuadrados de superficie con 10.00 metros lineales de frente |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Flooring | Concrete |
|---|---|
| Furnished Y/N | Unfurnished |
| Common Walls | Corner Unit |
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Street Suffix | AVENUE |
| Laundry Features | None |
| Total Bedrooms | 8 |
| LivingAreaSource | Owner |
| Total Baths | 6 |
Exterior Features
| Lot Features | Corner Lot,Historic District,City Lot,In County,Level,Unincorporated |
|---|---|
| Water Source | See Remarks |
| Lot Size Area | 1776 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 6840 |
| Lot Size Acres | 4 |
| Road Surface Type | Paved |
| Road Frontage Type | Street Paved |
| Number of Lots | 1 |
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 00907
Price
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on June 4, 2024 3:49 AM UTC The listing information on this page last changed on Last updated on June 4, 2024 3:49 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 4, 2024 3:49 AM UTC
