2018 MAGNOLIA San Juan, Puerto Rico

Property Type: Residential Income
Subtype: Triplex
Status: Active
7
Rooms
Baths
$698,000
Sale
Excellent multifamily investment opportunity on Magnolia Street in Monteflores, Santurce, just a 3-minute drive from Universidad del Sagrado Corazón. This property features three residential units, plus a rear efficiency that can be renovated and potentially converted into a fourth apartment, subject to applicable permits and approvals. Unit 1 offers 4 bedrooms, 2 bathrooms, and a comfortable balcony. Unit 2 features 2 bedrooms and 1 bathroom, while Unit 3 offers 1 bedroom and 1 bathroom. All three units feature quality flooring, updated kitchens, and bedrooms with closets. One of the property's standout features is its spacious outdoor patio and generous parking area, with room for approximately 8 vehicles—an exceptional advantage for a multifamily property in this location. The outdoor space also offers the possibility of creating a garden with a swimming pool, subject to applicable permits and approvals. Whether you're looking to live in one unit while generating rental income from the others or seeking an income-producing investment property, this versatile property offers multiple possibilities. Conveniently located near the university, shopping, restaurants, and major roadways, with easy access to the greater San Juan metropolitan area. Don't miss this opportunity to own a multifamily property with excellent rental income potential in Santurce, Puerto Rico!
Address: 2018 MAGNOLIA San Juan, Puerto Rico 00915

Additional Details

Interior

Total Bedrooms
7
Laundry
Outside
Other Interior Features
High Ceilings

Exterior

Construction Materials
Cement Siding
Heating
Electric
Other Exterior Features
Balcony, Garden, Private Entrance

General

Days on Market
1
Garage
Yes

Area and Lot

Lot Size in Acres
0.14
Living Area in SQFT
2858
Utilities
Electricity Connected, Water Connected

Financial

Annual Tax
$0
HOA Fees
$0

Location

From Luis Muñoz Marín International Airport (SJU), take PR-26 West toward San Juan. Continue on PR-26 and take the exit toward Avenida Roberto H. Todd / Santurce. Follow the signs toward Santurce and proceed to Calle Magnolia in the Monteflores neighborhood. Continue to property address 2018 Calle Magnolia, San Juan, PR 00915.

Interested in this property? Get in touch

Lynnette Cartagena Quiñones

License: #23724
1805 Ave Ponce de Leon
San Juan Puerto Rico, 00909

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