$1,875,000
$120K PRICE DROP

McLeary Condado Unit 2012 San Juan, PR 00911

Estimated payment $10,520/month

Total Views 260,304
-- Bed
-- Bath
4,133 Sq Ft
$454 Price per Sq Ft

About This Home

Blocks from Ocean Park beach and only a block away from hip and trendy "Loiza Street", this multi-unit building, is a great investment opportunity. Featuring 12 units, encompassing both studios and 1-bedroom units, including 12 parking spaces. Presently yielding a $97,000 in annual income through long-term tenants, this investment serves as a testament to stability. However, its allure is further heightened by the promise of future gains. Airbnb gross projections elevate the potential income to an impressive $296,400, unveiling a lucrative avenue for discerning investors.
Strategically positioned near Ocean Park's vibrant locales, renowned dining establishments, and pristine beaches, the property enjoys a coveted address. The intentional combination of long-term leases and the burgeoning short-term rental market solidifies this investment as a versatile asset in the thriving Ocean Park community.
convenience.

Listing Agent

Ilia Martinez Carn

ILIA MARTINEZ & ASSOCIATES Brokerage Phone: 787-548-4949 License #C-10664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2000

Lot Details

  • 4,240 Sq Ft Lot

Parking

  • 12 Carport Spaces

Home Design

  • 4,133 Sq Ft Home
  • Slab Foundation
  • Concrete Siding

Community Details

  • No Home Owners Association
  • 12 Units
  • Mcleary 2012 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041-042-185-10-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,500

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 4133
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2000
  • Lot Size Sq Ft: 4240
  • Directions to Property: Merge onto Expreso Las Américas/PR-18 Take the PR-22 E exit toward Santurce/San Juan/Carolina/Aeropuerto Merge onto Autop. José de Diego/PR-22 Take the Calle del Parque/Calle San Jorge exit toward Centro Gubernamental Take PR-37 to Av. McLeary in Ocean Park
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 507529979
  • RATIO Current Price By Calculate: 453.67
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 787-548-4949
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Street Number Modifier: McLeary
  • ResoLivingAreaSource: Appraiser
  • Living Area Meters: 383.97

Exterior Features

  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 12
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-1
  • Parcel Number: 041-042-185-10-001
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Lot Size Square Meters: 394

Multi Family

  • Number Of Units Total: 12
  • Total Num Buildings: 1
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 1500

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Price Changed $1,875,000 -6.0% $454 / Sq Ft
12/13/2023 12/13/23 For Sale $1,995,000 -- $483 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: PR9103573

Stellar MLS

Puerto Rico

McLeary Condado Unit 2012, PR

Homes for Sale in San Juan, PR

This home is located at McLeary Condado Unit 2012, San Juan, PR 00911 and is currently priced at $1,875,000, approximately $453 per square foot. This property was built in 2000. McLeary Condado Unit 2012 is a home.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Ilia Martinez Carn
Listing Agent
Ilia Martinez Carn
Section Image
ILIA MARTINEZ & ASSOCIATES
(787) 640-2546