1002 CALLE MADRID, URB SANTA RITA

Residential Income

$595,000

Property ID:

None

Year Built

1970

Area

4500 Square Feet

Lot Size

0.07 Square Feet

Description

Investment opportunity in the heart of Santa Rita, Río Piedras, just 6 minutes from the University of Puerto Rico and 5 minutes from the Botanical Garden. This fully remodeled multifamily property offers four independent units, making it ideal for student housing, short- or long-term rentals, or general lodging. Units 1 and 2 each offer 4 bedrooms and 2 bathrooms, Unit 3 is a studio apartment, and Unit 4 can serve as an office or flexible studio space. The property includes parking for up to 6 vehicles and a shared laundry area. With its central location and versatile layout, this property is a standout opportunity for investors seeking value and long-term potential in one of San Juan’s most in-demand rental areas.

Additional Details

Laundry Features: Common Area
Cooling: None
Street Number: 1002
Directions: Head northeast on PR-1 N toward Avenue de Diego. Continue straight to stay on PR-1 N. Turn right onto C. Borinqueña. Turn left onto C. Humacao. Turn left at the 2nd cross street onto C. Amalia Marín. Turn left onto C. Madrid. The property will be on the right.
Listing Id: PR9113244
List Office Name: EXP PUERTO RICO LLC
List Agent Full Name: Eliezer Torres
Property Condition: Completed
Foundation Details: Slab
List Agent MLS Id: 035842610
List Office MLS Id: 742000999
Lot Size Area: 3326
Street Name: CALLE MADRID, URB SANTA RITA
Utilities: Electricity Connected, Sewer Connected, Water Connected
Lot Size Square Feet: 3326