2018 MAGNOLIA, San Juan, Puerto Rico, 00915

Listed by LYNNETTE CARTAGENA QUIÑONES, Lynnette Cartagena Quiñones, 787-605-0017, yourcondadorealtor@gmail.com
$698,000
2,858 Sqft
0.14 Acres
7 bd
5 ba
#PR9125346
Excellent multifamily investment opportunity on Magnolia Street in Monteflores, Santurce, just a 3-minute drive from Universidad del Sagrado Corazón. This property features three residential units, plus a rear efficiency that can be renovated and potentially converted into a fourth apartment, subject to applicable permits and approvals. Unit 1 offers 4 bedrooms, 2 bathrooms, and a comfortable balcony. Unit 2 features 2 bedrooms and 1 bathroom, while Unit 3 offers 1 bedroom and 1 bathroom. All three units feature quality flooring, updated kitchens, and bedrooms with closets. One of the property's standout features is its spacious outdoor patio and generous parking area, with room for approximately 8 vehicles—an exceptional advantage for a multifamily property in this location. The outdoor space also offers the possibility of creating a garden with a swimming pool, subject to applicable permits and approvals. Whether you're looking to live in one unit while generating rental income from the others or seeking an income-producing investment property, this versatile property offers multiple possibilities. Conveniently located near the university, shopping, restaurants, and major roadways, with easy access to the greater San Juan metropolitan area. Don't miss this opportunity to own a multifamily property with excellent rental income potential in Santurce, Puerto Rico!

PROPERTY FEATURES

  • Utilities : Electricity Connected, Water Connected
  • Water Access : 0
  • Sewer : Public Sewer
  • Garage On Property : Yes.
  • Garage Spaces: 0
  • Exterior Features : Balcony, Garden, Private Entrance
  • Road Surface Type : Asphalt
  • Roof : Concrete
  • Heating : Electric
  • Construction Materials : Cement Siding
  • Interior Features : High Ceilings
  • Laundry Features : Outside
PROPERTY DETAILS
ID: PR9125346
Status: Active
Price: $698,000
Acres: 0.14 Acres
Price Per Acre: $4,985,714
Type: Other
Address: 2018 MAGNOLIA
City, State: San Juan, Puerto Rico
Zip Code: 00915
Lat/Long: 18.438969, -66.055397
Presented By: Lynnette Cartagena Quiñones
Phone: 787-605-0017
Email: Click to Contact
Agent
Lynnette Cartagena Quiñones