$850,000
$895,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
3,014 SqFt
SOLD DATE : 08/10/2022
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,014 sqft
Price per Sqft $282
Subdivision Mar Mediterraneo
MLS Listing ID PR9095722
Sold Date 08/10/22
HOA Y/N No
Originating Board Stellar MLS
Year Built 1970
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Multi-Family
Property Description
Beautiful multi-family home located in the tourist area of Isla Verde. Completely remodeled and equipped. The property has two electric meters, one for the main house and one for the four apartments. Includes portable generator & cistern. UNITS: Main house has 3 bedrooms, 2.5 baths, living room, dining room, kitchen, wet bar, office, and garage; One bedroom guest house (Super Host and great reviews), and Three (3) independent studios. Currently the guest house is rented through Airbnb and generating approximately $38K a year. The 3 studio apartments rented long term for $22K a year. Main house is second home to the owners. If fully rented through Airbnb the projected annual income will be approximately $159,000. The house is located less than 2 minutes from the pedestrian bridge to Isla Verde Beach. Less than 2 minutes from the airport. Very close to everything, Condado, Old San Juan, T Mobile District, banks, restaurants, pharmacy, and more. Not subject to financing or appraisal.
Location
State PR
County Carolina
Community Mar Mediterraneo
Interior
Interior Features Other
Heating Other
Cooling Mini-Split Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Garage Spaces 3.0
Utilities Available Other
Roof Type Other
Attached Garage true
Garage true
Private Pool Yes
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with ILIA MARTINEZ & ASOCIADOS
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