Ferrer Ramos
PoBox 547. Dorado, PR 00646
Puerto Rico
Details
| Area | Hato Rey Central |
| Sub Area | El Vedado (Urbanizacion) |
| State/Province | San Juan |
| Country | Puerto Rico |
| Price | $622,900 |
| Property Type | House |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Floor Space | 3000 Square Feet |
| Lot Size | 450.00 m² |
| Year Built | 1980 |
| Parking | 8 Spaces, Garage |
| MLS® # | 63082 |
Income Property — Hato Rey | High Cash Flow + Value-Add Exceptional 3-unit multi-family in the heart of Hato Rey, one of San Juan’s most dynamic rental markets. Independent meters, strong tenant demand, and strategic location create a reliable, scalable income platform. Location Advantage Minutes from Plaza Las Américas, Milla de Oro/financial district, Distrito T-Mobile, El Coliseo, Condado, airport, hospitals, and major highways — a central hub that consistently drives rental demand. Property Highlights • 3 spacious units, separately metered • Main unit: 3/2 + 2-car garage • Ample private parking • Potential to add 1–2 additional units (subject to approvals) Income & Cap-Rate Economics Projected gross income $60K–$80K annually. Using an income approach, and cap rates generally seen in this submarket, the NOI supports a valuation in the $600K–$700K+ range, with upside as rents optimize and units are expanded. Short-Term Rental Upside Configuration and location also make this asset well-positioned for Airbnb/short-term rentals, providing the potential to materially increase revenue (where permitted) while maintaining long-term rental optionality..
Listed by Universal Realty
Location
About
Remax Dorado Realty offers the expertise and the right service to ensure that your real estate goals are met! Our agents are veteran RE/MAX professionals that can tackle your real estate needs quickly, efficiently and accurately.
If you're buying
We can answer questions on home financing and local community issues.
Our staff are Dorado residents that know the area by heart. We will help
you determine your specific needs and work hard to find a home with all
the amenities you're looking for, at a price you can afford.
If you're ready to sell
Our agents can help you determine your property's worth in today's
market. We develop an individual marketing plan to sell your property
quickly and at the right price. And as part of the community and RE/MAX,
we have access to a long list of potential buyers for your property.
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