Listing ID : PR9097979
-
Beds
8 -
Baths
5/0 -
Structure / Lot Size
2,666 Sqft / 40,510 Sqft -
Year
1970
Description
The Best Value in Ocean Park – High-Income Property You Can’t Miss! Address: Calle Ismael Rivera #60, between Calle Loiza and McLeary Avenue, San Juan, PR 00911 This is a one-of-a-kind investment opportunity in San Juan’s highly sought-after Ocean Park neighborhood. Whether looking for short-term or long-term rental income, this property delivers unmatched value and revenue potential. Properties like this don’t come around often—act now before it’s gone! Investment Opportunity. Prime Location: This property is located just four blocks from Ocean Park Beach in a vibrant community with easy access to trendy cafes, fresh food markets, parks, shopping, and various restaurants. The area also offers exciting nightlife, including cultural and music events at nearby La Placita and Ventana al Mar in Condado. Unbeatable Property Features: This Mediterranean-style compound sits on a 378-square-meter lot with approximately 2,666 square feet of construction, offering: - Three independent apartments for maximum rental flexibility - Four parking spaces - 32 solar panels, two electric meters, and one Net Metering system significantly reducing electricity costs - Two Tesla batteries under lease for reliable power backup - A spacious outdoor entertainment area with room to add a pool The Units: Main Building – Ground Floor Unit: - 4 remodeled bedrooms, two full bathrooms - Living/dining room, full kitchen, and a charming porch - AC split units in all bedrooms and living areas Main Building – Second Floor Unit: - 3 bedrooms, two full bathrooms - Open-layout kitchen with access to a balcony, living, dining, and family room Second Building (Back of Property): - 1-bedroom, 1-bathroom unit, ideal for additional rental income Why This Property Stands Out: This property generates exceptional cash flow through its highly successful Airbnb rentals. The fully remodeled 4-bedroom unit is a standout feature, consistently attracting high demand from short-term renters. With all three units designed as turnkey, rental-ready spaces, this property generates positive cash flow from day one. Its combination of modern upgrades, prime location, and established rental income makes it the best value in the neighborhood and a perfect addition to any investor’s portfolio. Don’t miss this chance to capitalize on a thriving short-term rental market! Added Value and Flexibility: - Ideal for investors or owners who want to live in one unit while renting out the others - Opportunity to build a pool in the outdoor area to enhance revenue and property appeal Why Sell Such a Gem? The owners are developing another property, which is the only reason this cash cow is on the market. Otherwise, it’s the kind of investment they’d never part with. Investment Details: - Cash-only or owner financing is available with a half-down payment - Price is not subject to appraisal - Available for serious buyers only with proof of funds Act Now – This Won’t Last! This is your chance to own Ocean Park's best-value income-generating property. With a prime location, unmatched rental income, and exceptional features, this property is a no-brainer for savvy investors. Call today to schedule your private showing and secure this incredible opportunity before someone else does! Don’t wait—this property is a rare find!
