Ferrer Ramos
PoBox 547. Dorado, PR 00646
Puerto Rico
Details
| Area | Santurce |
| Sub Area | Fernandez Juncos (Sector) |
| State/Province | San Juan |
| Country | Puerto Rico |
| Price | $950,000 |
| Property Type | House |
| Bedrooms | 6 |
| Bathrooms | 7 |
| Floor Space | 5772 Square Feet |
| Lot Size | 400.00 m² |
| Year Built | 1959 |
| Parking | 7 Spaces, Garage |
| MLS® # | 65748 |
1100 Ave. Fernández Juncos & 703 San Juan Street | Rare opportunity to acquire two buildings for the price of one in one of San Juan's strongest rental corridors. The property consists of six fully equipped 1-bedroom residential apartments, each featuring new A/C units, kitchen appliances, independent LUMA electric meters, and dedicated parking. The asset also includes a commercial space currently generating approximately $3,000 per month in rental income, creating immediate cash flow and a diversified income stream. Positioned as a true value-add investment, the property offers investors the opportunity to acquire an income-producing asset with significant upside through rental optimization. With existing residential income, established commercial tenancy, and the ability to increase rents toward market levels, the property presents strong potential to improve net operating income without additional expansion. Strategically located on Avenida Fernández Juncos, one of San Juan's primary commercial and residential corridors, the property enjoys immediate access to Condado, Miramar, Santurce, Old San Juan, the Puerto Rico Convention Center, Distrito T-Mobile, Luis Muñoz Marín International Airport, major hospitals, universities, restaurants, entertainment districts, and the area's principal expressways. Its central location continues to drive strong demand for both residential and commercial occupancy. Cash sale only. To schedule your private tour, call today!..
Listed by Movida Group LLC
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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