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2260 CACIQUE STREET UNIT 9 SAN JUAN PR 00913 MLS #PR9103801

2260 CACIQUE STREET UNIT 9
SAN JUAN, PR, 00913
$1,950,000
Beds
0 Baths
4,650 SqFt
0.19 Acres
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BEST LOCATION: SANTA TERESITA
If you are looking for a property with great value, this is the one for you. This amazing property is located just a short walk away from the Ocean Park beach and is situated in the gated community of Santa Teresita in San Juan, Puerto Rico. It includes 9 AirBnB apartments and offers the potential to expand to 14-16 more apartments.
With a lot size of 809 square meters (one of the largest in Santa Teresita), this investment property boasts 4,650 sq. ft. of construction, 10-12 parking spaces, an outdoor entertainment area, and a laundry/storage room.

The main structure of the property combines sleeping accommodations and office spaces, making it perfect for guests who want to work from home. Upstairs, you’ll find a
Apartment #1. A 4-bedrooms, 3-full bathrooms with a large balcony of 1,650 sqft, a spacious kitchen, a living room, a dining room, and a family room.
Apartment #2-Also on the second floor, a one-bedroom apartment with a terrace.
Downstairs, there are
Apartment #3- A one-bedroom, one-bathroom
Apartment ##5, A one-bedroom, one-bathroom
Apartment #6 A one-bedroom, one-bathroom
Apartment #7), one two-bedroom, one-bathroom
Apartment #8, A two bedrooms, one bathroom
The second structure of the property has:
Apartment #9 A one-bedroom, one bathroom
Apartment #10 A one bedroom, one bathroom.

This property gives you the flexibility to use it as a big single-family home or operate your business and accommodate employees, guests, and/or friends in independent units while enjoying lots of privacy. We have architectural and design plans for renovation, including expansion from 9 apartments to 14-16 separate units, a pool, and a large terrace. A tax incentive may apply. Please call us for a private appointment.

Qualified buyers must have proof of funds,this is a multifamily property with 9 apartments, 7 electric meters, and 6 water meters. Financing must be commercial or private, and the price is not subject to appraisal. This property is an income-producing investment and comes turnkey-ready with a proven track record. Occupancy 65% to 85%
Great investment for Act 20-22-60 tax incentives. Owner financing is available to qualified buyers. Please note that proof of funds is required for an appointment.
This property offers lots of potential to be developed and increase revenews.

Property Details

Price:
$1,950,000
MLS #:
PR9103801
Status:
Active
Beds:
0
Baths:
0
Address:
2260 CACIQUE STREET UNIT 9
Type:
Commercial
Subtype:
Multi Family
Subdivision:
SANTA TERESITA
City:
SAN JUAN
Listed Date:
Dec 27, 2023
State:
PR
Finished Sq Ft:
4,650
ZIP:
00913
Lot Size:
8,708 sqft / 0.19 acres (approx)
Year Built:
1970
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From San Juan and all areas between, Schera Ramirez has represented clients in a variety of homes and price ranges. Schera has an immense passion for Puerto Rico real estate, architecture, and helping her clients exceed their goals. Repeat clients and numerous referrals serve as a testament to her tireless work ethic and real estate acumen. A strong professional network, locally and globally, has allowed Schera to best position her clients here, as well as in other markets. Solid negotiating s…

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Schools

Interior

Appliances
Dryer, Microwave, Refrigerator, Washer
Cooling
Mini- Split Unit(s)
Flooring
Ceramic Tile, Concrete
Heating
Electric, Wall Units / Window Unit

Exterior

Community Features
Beach Area
Construction Materials
Block, Concrete
Other Structures
Maintenance, Storage
Parking Features
6 to 12 Spaces, Common
Roof
Cement

Financial

Buyer Agent Compensation
3%%
Tax Year
2022
Taxes
$4,000

Map

Community

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2260 CACIQUE STREET UNIT 9
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