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Playa Community CALLE 7 PLAYA COMMUNITY UNIT 5
House in the ocean area of Santa Isabel. The property…
Residential Income
$199,000
🏝️ Puerto Rico Real Estate – Find Your Dream Home in Paradise! 🏡📍 Call 787-598-4024 | 🌐 www.puertoricorealestate4sale.com
🏝️ Puerto Rico Real Estate – Find Your Dream Home in Paradise! 🏡📍 Call 787-598-4024 | 🌐 www.puertoricorealestate4sale.com
🏝️ Puerto Rico Real Estate – Find Your Dream Home in Paradise! 🏡📍 Call 787-598-4024 | 🌐 www.puertoricorealestate4sale.com
2052 ITALIA STREET UNIT 2052
2052 ITALIA STREET UNIT 2052
Residential Income
$2,100,000
Description
Value-Add Multifamily in Ocean Park – Steps from the Beach on Calle Italia
Located just one block from the sand in San Juan’s iconic Ocean Park neighborhood, this rare five-unit multifamily property sits on the highly coveted Calle Italia and offers a unique opportunity for investors or owner-occupants. The property is currently vacant, providing a blank slate to renovate and reposition for short-term, long-term, or mixed-use income.
Property Layout:
• Main Residence (Ground Floor – approx. 1,407 sq. ft.):
3 bedrooms, 2 bathrooms, living room, dining area, kitchen, laundry, utility, and storage rooms. Includes a 1-car carport and access to a fenced, paved patio area, ideal for outdoor living or future enhancements.
• Unit 2 (Second Floor – approx. 733 sq. ft.):
2-bedroom, 1-bath unit with open kitchen/living/dining space and two private terraces, offering excellent indoor-outdoor potential.
• Unit 3 (Second Floor – approx. 344 sq. ft.):
1-bedroom, 1-bath apartment with a private balcony.
• Unit 4 (Second Floor – approx. 374 sq. ft.):
1-bedroom, 1-bath unit with flexible layout and access to a shared terrace.
• Rear Unit (Approx. 377 sq. ft.):
A separate 1-bedroom apartment located behind the main house with its own kitchen and living space—great for guest use or rental.
Condition: The property will benefit from renovation. With a great location, it’s ideal for buyers looking to add value and maximize rental income. This is a rare opportunity to transform a multifamily asset in a premier coastal location—steps from the ocean and minutes to everything in San Juan.
Additional Details
- Laundry Features: Outside
- Cooling: Other
- Street Number: 2052
- Directions: From Marginal Baldorioty de Castro turn left onto Calle Degetau, in 350 meters turn right onto Calle Loiza and 110 meters turn left onto C. Rambla del Almirante and then right in Av. Mcleaty
- PetsAllowed: Yes
- Listing Id: PR9113824
- Community Features: Water Access,Sidewalks
- Furnished: Unfurnished
- Carport Spaces: 1
- List Office Name: ARLEANE MERHEB
- List Agent Full Name: Arleane Merheb
- Property Condition: Completed
- Foundation Details: Slab
- Levels: Two
- List Agent MLS Id: 791543598
- Water Extras:
- UnitNumber: 2052
- List Office MLS Id: 791543598
- Lot Size Area: 3832
- Street Name: ITALIA
- Utilities: Electricity Available,Public
- Lot Size Square Feet: 3832
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30 Years Fixed, 3.5% Interest
- Principle and Interest
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