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Listed by Movida Group LLC
$ 950,000
Est. payment /mo
Active
1100 AVENIDA FERNANDEZ JUNCOS #1100 San Juan, PR 00909
6 Beds
7 Baths
5,772 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,772 sqft
Price per Sqft $164
MLS Listing ID 65748
Style Multifamily
Bedrooms 6
Full Baths 7
Year Built 1959
Lot Size 400 Sqft
Property Description
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!..
Location
State PR
Community Santurce
Area Santurce
Exterior
Parking Features Garage
Garage Spaces 7.0
Building
Lot Description Balcony
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PMI Puerto Rico
Broker | License ID: E-283