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Investment Opportunity in the historic zone of Santurce! | $2,100,000 | MLS# 63346
Jesus Carrasquillo Ramos Agent Photo
Jesus
Carrasquillo Ramos
C. (787) 664-2089
P. (787) 664-2089
License #: C24070
Phone Jesus http://criomarrealty.com
Crio Mar Realty
HC 3 Box 18522 Rio Grande, PR 00745

Puerto Rico
MLS# 63346

Details

%
Years (35 year max)
Years



AreaSanturce
Sub AreaBouret Barbe (Urbanizacion)
State/ProvinceSan Juan
CountryPuerto Rico
Price$2,100,000
Property TypeHouse
Floors in Building4
Bedrooms15
Bathrooms12
Floor Space6082 Square Feet
Lot Size246.00 m²
Year Built1952
Parking9 Spaces, Open
MLS® #63346

An exceptional investment opportunity to acquire a historic apartment building located in Bauret Bárbe, near El Sagrado Corazón in Santurce, Puerto Rico. This turnkey asset consists of nine (9) residential units, three of which are duly registered and permitted for short-term rental through Airbnb. In 2025, the property generated approximately $160,000 in combined short-term and long-term rental income, demonstrating strong and diversified cash flow. Unit Breakdown: First Level: • One (1) 3-bedroom / 2-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Second Level: • One (1) 2-bedroom / 2-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Third Level: • One (1) 2-bedroom / 2-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Fourth Level: • One (1) 3-bedroom / 1-bathroom apartment • One (1) 1-bedroom / 1-bathroom studio Fifth Level: • One (1) 1-bedroom / 1-bathroom penthouse with private terrace Five (5) of the nine units are fully furnished. Building amenities include a common laundry room, security camera system, water cistern with electric pump, and a 20-kilowatt generator capable of supplying power to the entire building. The property benefits from CRIM tax exemption due to its Historic Zoning designation. Additionally, all plumbing and electrical systems have been fully replaced throughout the entire building, ensuring modern infrastructure and reduced capital expenditure for the next owner. Coordinates: 18.441468, -66.060843..


Listed by Alpine Real Estate


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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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