Address: 151 C. Las Palomas, San Juan, 00911, Puerto Rico
Property Description
Santurce Multifamily: 5 Units + 5 Parking Spaces 2 Adjoining Houses SANTURCE - MULTIFAMILY FOR SALE - $625,000 Steps from Calle Loiza and minutes from Condado. An opportunity to renovate, grow income and reposition a property that already has the location, the parking and one unit in operation. Two adjoining houses under a single deed, with two separate tax parcels (catastros). 345 m2 lot (3,714 sq ft) and 3,600 sq ft of construction (approx.). - 5 units - Up to 5 parking spaces on the property - Active Airbnb, with a second unit nearly ready - New plumbing and electrical, except the second floor of Casa Amarilla - 3 electric meters / 3 water meters CASA AZUL (BLUE HOUSE) / 151-A Two levels with approximately 4 bedrooms, 3 bathrooms and 2 kitchens. A/C in the bedrooms. The upper level operates as an active Airbnb. The first floor is nearly ready to operate as a second income unit. CASA AMARILLA (YELLOW HOUSE) / 151 Three units that need renovation: - First floor: 3 bedrooms / 1 bathroom - Second floor: 3 bedrooms / 2 bathrooms and terrace - Side apartment: 1 bedroom / 1 bathroom The property needs investment in improvements. Its appeal is the combination of location, five units, parking and income potential after renovation.