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189 Jose Padin

SAN JUAN, PR 00919
  • $975,000
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: PR9104739
$975,000
  • 1
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,031
    SQFT
  • $322
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2024-05-21T23:47:32.93.
www.momentumrealtors.com/homes/147775164
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189 Jose Padin SAN JUAN, PR 00919

  • Price: $975,000
  • Status: Active
  • On Site: 91 Days
  • MLS #: PR9104739
1
Beds
0
Baths
0
½ Baths
0.09
Acres
3,031
SQFT
$322
$/SQFT
1970
Built
Neighborhood:
Juan B. Huyke
County:
San Juan
Area:
San Juan
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.
Exterior Features

Carport Yn No Construction Materials Concrete Exterior Features Awning(s)BalconyCourtyardSidewalk Foundation Details Slab Open Parking YN Yes Parking Features On Street Pool Private Yn No Road Surface Type Asphalt Roof Cement Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Storage Rooms Cooling Mini-Split Unit(s) Cooling YN Yes Fireplace Yn No Heating None Heating YN No Interior Features Open Floorplan Laundry Features Common Area Levels Two Sewer None Water Source Public

Property Features

Annual Expenses 20610 Annual Net Income 67770 Association Yn No Electric Photovoltaics Seller Owned Flood Zone Code X Garage Yn No Green Energy Generation Solar Lease Term 12 Months New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Multi Family Security Features Security GateSecurity Lights Special Listing Conditions None Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedEmergency PowerSolarWater Connected Zoning R-3


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of AGUDO PROPERTIES, LLC: 787-222-1932.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2024-05-21T23:47:32.93.
 
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Momentum Realty
12627 San Jose Blvd. 303
Jacksonville FL, 32223