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Blocks from Ocean Park beach and only a block away from hip and trendy "Loiza Street", this multi-unit building, is a great investment opportunity. Featuring 12 units, encompassing both studios and 1-bedroom units, including 12 parking spaces. Presently yielding a $97,000 in annual income through long-term tenants, this investment serves as a testament to stability. However, its allure is further heightened by the promise of future gains. Airbnb gross projections elevate the potential income to an impressive $296,400, unveiling a lucrative avenue for discerning investors. Strategically positioned near Ocean Park's vibrant locales, renowned dining establishments, and pristine beaches, the property enjoys a coveted address. The intentional combination of long-term leases and the burgeoning short-term rental market solidifies this investment as a versatile asset in the thriving Ocean Park community. convenience.

PROPERTY FEATURES

Utilities : Electricity Connected Water Access : 0 Sewer : Public Sewer
Zoning : R-1

PROPERTY DETAILS

Street Address: McLeary CONDADO
City: San Juan
State: Puerto Rico
Postal Code: 00911
MLS Number: PR9103573
Courtesy of ILIA MARTINEZ & ASSOCIATES

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