2018 Magnolia, San Juan, PR 00915

$698,000
7
BD
5
BA
2,858
SqFt

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List Price
$698,000
Status
Active
Days on Market
1
Price Change
▲ $1,000 1793295881
MLS#
PR9125346
Property Style
Triplex
Year Built
1955
Bedrooms
7
Bathrooms
5
Living Area
2,858
Lot Size
6,458
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Sagrado Corazon
MLS Area Major
San Juan

Property Description

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!

Additional Information

Community Features
No Deed Restriction
Zoning
RESI
Interior Layout
High Ceilings
Interior Features
High Ceilings
Utilities
Electricity Connected, Water Connected
Heating
Electric
Air Conditioning
None
Exterior Construction
Cement Siding
Exterior Features
Balcony, Garden, Private Entrance
Roof
Concrete
Foundation
Concrete Perimeter
Pool
No Pool
Flood Zone Code
x
Parcel ID
041-081-642-01-001

Listing courtesy of LYNNETTE CARTAGENA QUIÑONES. 787-605-0017

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