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424 DEL VALLE ST MONTEFLORES DEV
A fully built, six-unit residential compound in one of San…
Residential Income
$1,350,000
1002 MADRID STREET
1002 MADRID STREET
Residential Income
$650,000
Description
This property is a multi unit property in the heart of the Santa Rita neighborhood of San Juan, Puerto Rico. The property has 3 buildings with a coutyard in the middle and has been completely remodeled with a total of 10 bedrooms and 6 1/2 bathrooms. The areas of the property are as follows:
– Living Unit 1: A 4 bedroom 2 bathroom apartment,
– Living Unit 2: A 4 bedroom 2 bathroom apartment,
– Living Unit 3: Studio apartment,
– Living Unit 4: Studio apartment,
– Laundry: Common laundry room with a 1/2 bathroom that could easily be converted to a 5th unit,
– Rooftop terrace: A 1200 square foot rooftop terrace on the top of the main building,
– Courtyard: A 500 square foot courtyard in the middle of the three buildings,
– Parking area 1: A parking area on the North side of the main building with room to park up to 3 vechiles nose to tail,
– Parking area 2: A parking Area on the South side of the main building with room to park up to 3 vehicles nose to tail.
The property is close to businesses, attractions, University of Puerto Rico and the Botanical Garden and is a great investment opportunity to own an excellent income producing property.
Additional Details
- Laundry Features: Common Area, Laundry Room
- Flooring: Tile
- Cooling: None
- Street Number: 1002
- Directions: From the corner of Jesus T Piñero Avenue (Road #17) and Luis Muñoz Rivera Avenue (Road #1) take Luis Muñoz Rivera South for about 3/8 mile to University Avenue and take a left onto University Avenue. On University Avenue take the 4th left onto Madrid Street. The property is the 12th property on the right at the address of 1002 Madrid Street.
- Other Structures: Guest House, Other, Outbuilding, Workshop
- Parking Features: Ground Level, Guest, Off Street, On Street
- Listing Id: PR9118144
- Community Features: Sidewalks
- List Office Name: MICHAEL MCCARTY
- List Agent Full Name: Michael McCarty
- Property Condition: Completed
- Foundation Details: Slab
- View: City
- Levels: Two
- List Agent MLS Id: 743524018
- List Office MLS Id: 743524018
- Lot Size Area: 3326
- Street Name: MADRID STREET
- Patio & Porch Features: Covered, Front Porch, Patio, Porch
- Utilities: Electricity Connected, Sewer Connected, Water Connected
- Lot Features: City Lot, Level
- Lot Size Square Feet: 3326
Features
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30 Years Fixed, 3.5% Interest
- Principle and Interest
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