Description
Discover an incredible investment opportunity in the heart of Santurce! Located on Americo Salas Street, this three-story fixer-upper with 12 residential units is brimming with potential. Positioned in one of San Juan’s most vibrant districts, it’s surrounded by the energetic Santurce lifestyle—trendy cafes, art galleries, nightlife, and hospitals just minutes away. Ideal for investors considering both short- and long-term rental income streams, this property opens up a world of possibilities.
Of the 12 units, six are currently rented (month to month leases), while the remaining six await a new owner to reimagine and transform them. The layout offers variety and space: four expansive three-bedroom, one-bathroom units; three two-bedroom, one-bathroom units; four one-bedroom, one-bathroom units; and one studio. With seven parking spaces, 13 electricity meters, and 12 water meters, this property is prepared for a range of tenant arrangements. Sitting on a spacious 612-square-meter lot with approximately 10,000 square feet of structure, this property is zoned as ZU-R2, allowing for diverse development potential—whether revitalizing the existing apartments or envisioning a new concept entirely.
Make your mark in Santurce and seize this unique investment opportunity!
- Principal and Interest
- Property Tax
- HOA fee
