189 JOSE PADIN

SAN JUAN, PR 00919

For Sale $975,000

Listed 79 days ago for $1,400,000
  • Multi Family
  • Beds: 1
  • SqFt: 3,031
  • Built: 1970
  • Lot Size: 0.09 acres
  • Heating: None
  • Cooling: Mini-Split Unit(s)
We present an unparalleled investment opportunity in the vibrant heart of Hato Rey. This turnkey multi-family property boasts nine units, comprising eight studios and one spacious one-bedroom apartment. Each unit has been meticulously remodeled to the highest standards, ensuring residents' optimal comfort and modern living. Our property is fully occupied and generates robust and consistent income streams from long-term rentals. However, our vision extends far beyond the present. With the rising demand for short-term rentals in the area, fueled by tourism and business travel, we envision a seamless transition to capitalize on this lucrative market segment. One of the key highlights of our property is its sustainability feature. Equipped with state-of-the-art 10K watts solar panels, our property operates entirely off the grid, providing full power autonomy to all units. This reduces operational costs and aligns with eco-conscious living, a growing trend among tenants and investors alike. Moreover, our commitment to impeccable maintenance ensures that the property retains its pristine condition, safeguarding the investment and the tenant experience. Situated in the bustling district of Hato Rey, our location offers unparalleled convenience and access to many amenities, including renowned restaurants, shopping centers, educational institutions, and transportation hubs. This investment opportunity presents a compelling blend of stability, growth potential, and sustainability. With a solid foundation and our strategic vision to tap into the burgeoning short-term rental market, investors can expect lucrative returns and long-term value appreciation. Join us in redefining urban living in Hato Rey and unlocking the full potential of this exceptional property.

Construction Materials
Concrete
MLSID
PR9104739
Buyer Agency Compensation
2%
Transaction Broker Compensation
0%
The listing broker’s offer of compensation is made only to participants of the MLS

Find out more

Your message has been sent
Ask Andrea
Schedule a Tour?

Thu

9

May
Fri

10

May
Sat

11

May
Sun

12

May
Mon

13

May
Tue

14

May
Wed

15

May
Thu

16

May
Fri

17

May
Sat

18

May
Sun

19

May
Mon

20

May
Tue

21

May
Wed

22

May
11:00 AM
11:30 AM
12:00 PM
12:30 PM
1:00 PM
1:30 PM
2:00 PM
2:30 PM
3:00 PM
3:30 PM
4:00 PM
4:30 PM
5:00 PM
5:30 PM
6:00 PM
6:30 PM
7:00 PM

Location


Ubicada detras del restaurante Olive en Ave. Roosevelt. Entrando por la calle Sherwin Williams.

About this area

For Sale Nearby

Recently Sold Nearby

equal housing opportunity logo

Information deemed reliable but not guaranteed. IDX data © 2018 - 2024 Stellar MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Stellar MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This website is a provided by Stellar MLS for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.