1002 MADRID STREET San Juan, Puerto Rico

Property Type: Residential Income
Subtype: Quadruplex
Status: Active
8
Rooms
Baths
$650,000
Sale
This property is a multi unit property in the heart of the Santa Rita neighborhood of San Juan, Puerto Rico. The property has 3 buildings with a coutyard in the middle and has been completely remodeled with a total of 10 bedrooms and 6 1/2 bathrooms. The areas of the property are as follows: - Living Unit 1: A 4 bedroom 2 bathroom apartment, - Living Unit 2: A 4 bedroom 2 bathroom apartment, - Living Unit 3: Studio apartment, - Living Unit 4: Studio apartment, - Laundry: Common laundry room with a 1/2 bathroom that could easily be converted to a 5th unit, - Rooftop terrace: A 1200 square foot rooftop terrace on the top of the main building, - Courtyard: A 500 square foot courtyard in the middle of the three buildings, - Parking area 1: A parking area on the North side of the main building with room to park up to 3 vechiles nose to tail, - Parking area 2: A parking Area on the South side of the main building with room to park up to 3 vehicles nose to tail. The property is close to businesses, attractions, University of Puerto Rico and the Botanical Garden and is a great investment opportunity to own an excellent income producing property.
Address: 1002 MADRID STREET San Juan, Puerto Rico 00925

Additional Details

Interior

Total Bedrooms
8
Laundry
Common Area, Laundry Room
Flooring
Tile
Other Interior Features
Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor

Exterior

Construction Materials
Concrete
Parking
Ground Level, Guest, Off Street, On Street
Security Features
Security Gate
Other Exterior Features
Outbuildings, Balcony, Courtyard, Fence, French Doors, Sidewalk

Area and Lot

Lot Size in Acres
0.08
Living Area in SQFT
3000
Utilities
Electricity Connected, Sewer Connected, Water Connected
Community Features
Sidewalks
View
City

Financial

Annual Tax
$0
HOA Fees
$0

Location

From the corner of Jesus T Piñero Avenue (Road #17) and Luis Muñoz Rivera Avenue (Road #1) take Luis Muñoz Rivera South for about 3/8 mile to University Avenue and take a left onto University Avenue. On University Avenue take the 4th left onto Madrid Street. The property is the 12th property on the right at the address of 1002 Madrid Street.

Interested in this property? Get in touch

Michael McCarty

License: #11386
5870 Tartak St Box 24103
Carolina Puerto Rico, 00979

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