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$850,000

7-Unit Multifamily Property in Santurce

Beds 6 | Baths 5

Edificio multifamiliar de 7 unidades en Santurce

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Features (from listing details)

7 apartments: three 1-bedroom units, three 2-bedroom units, and one studio Dedicated laundry and storage unit Long-term leases reported Renovated in 2023 New plumbing and electrical systems PVC kitchens and bathrooms Commercial laundry equipment Silicone-sealed roof with a 10-year warranty LED, solar, and emergency lighting Individual electricity meters and 4 water meters Near Calle Cerra, Walmart, Walgreens, and KAI Art School AC: inverter A/C units AI

AI Review

Reviewed by Klasificados AI from photos and listing text

Seven Apartments and Laundry Area in Santurce

The property in Santurce includes three one-bedroom apartments, three two-bedroom apartments, a studio, and a laundry and storage unit; the listing says it was renovated in 2023. Confirm the price, shown as $825,000 OBO in the description and $850,000 in the price field, as well as the rental income and terms of the current leases.

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Type MultiFamiliar

Ad description

Multifamily property in Santurce, San Juan, with seven apartments and a separate laundry and storage unit. The listing reports about $95,000 in annual rental income and renovations completed in 2023, including updated plumbing and electrical systems.
Original Ad

PRIME INVESTMENT OPPORTUNITY IN SANTURCE, SAN JUAN! This income-producing multifamily property features 7 spacious apartments plus a dedicated laundry and storage unit, currently generating approximately in annual rental income through long-term leases, with excellent potential for increased revenue through rental adjustments or short-term rentals. Ideally located near Calle Cerra, Walmart, Walgreens, and KAI Art School, the property was extensively renovated in 2023 with new plumbing and electrical systems, modern PVC kitchens and bathrooms, 12 inverter A/C units, commercial laundry equipment, a silicone-sealed roof with a 10-year warranty, LED, solar and emergency lighting, individual electricity meters, and 4 water meters. The property includes three 1-bedroom apartments, three 2-bedroom apartments, one studio, and a laundry/storage unit. Asking OBO. An excellent opportunity to acquire a turnkey investment property in one of San Juan’s most desirable and vibrant locations. DM for additional information or to schedule a private showing! (WhatsApp or email)

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Andres G. Gonzalez C-21861
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