Active

1406 AMERICO SALAS ST.

SAN JUAN PR, 00909

$1,400,000


$139.29 per sqft

Active

23 Beds

12 Baths

10,051 sqft

Condos

Built in 1976

Discover an incredible investment opportunity in the heart of Santurce! Located on Americo Salas Street, this three-story fixer-upper with 12 residential units is brimming with potential. Positioned in one of San Juan's most vibrant districts, it's surrounded by the energetic Santurce lifestyle--trendy cafes, art galleries, nightlife, and hospitals just minutes away. Ideal for investors considering both short- and long-term rental income streams, this property opens up a world of possibilities.

Of the 12 units, six are currently rented (month to month leases), while the remaining six await a new owner to reimagine and transform them. The layout offers variety and space: four expansive three-bedroom, one-bathroom units; three two-bedroom, one-bathroom units; four one-bedroom, one-bathroom units; and one studio. With seven parking spaces, 13 electricity meters, and 12 water meters, this property is prepared for a range of tenant arrangements. Sitting on a spacious 612-square-meter lot with approximately 10,000 square feet of structure, this property is zoned as ZU-R2, allowing for diverse development potential--whether revitalizing the existing apartments or envisioning a new concept entirely.

Make your mark in Santurce and seize this unique investment opportunity!

PR9110000

MLS ID

November 11, 2024

Listed

November 20, 2024

Updated

Map

1406 AMERICO SALAS ST.
SAN JUAN PR, 00909

Interior Features

Total Stories

3


Bedrooms

23


Total Bathrooms

12


Full Bathrooms

12


Interior Features

High Ceilings, Open Floorplan


Appliances

None


Laundry Description

Common Area


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Exterior Features

Sidewalk


Roof

Concrete


Sewer

Public Sewer

Other Property Details

Area Name

00909 - San Juan


Days on Market

9


Association Fee Frequency

Monthly


Garage

No


View

No


County

San Juan


Water Source

Public


Pool

No


Zoning

R2

Listed by BLACKMONT HOMES
Listing Contact: 939-355-9385 

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Data last updated 11/20/2024, 7:46 PM UTC

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