Active
995 MADRID
SAN JUAN PR, 00925
$649,000
$199.69 per sqft
Active
3,250 sqft
Multi-family
Built in 1950
Income-Generating Multi-Family Property for Sale. This remodeled property located in the heart of Rio Piedras' university neighborhood features six apartments actually generating substantial income with the potential of reaching $5,200+ in tax-free monthly rental earnings. It includes five one-bedroom units and one two-bedroom unit, perfect for students and professionals. Located walking distance from UPR, it ensures high tenant demand and low vacancy rates. Recent upgrades include modern kitchens, updated bathrooms, security windows, new flooring, plumbing and electricity. Its prime location offers walking access to campus, public transit, restaurants and more. A turnkey opportunity with strong ROI potential. *Bank letter or proof of funds are required prior to showings*
PR9111798
MLSⓇ ID
February 17, 2025
Listed
February 18, 2025
Updated
Interior Features
Interior Features
Kitchen/Family Room Combo, Living Room/Dining Room Combo
Laundry Description
Gas Dryer Hookup, Inside, Outside, Washer Hookup
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.07 Acres
Exterior Features
Balcony
Roof
Concrete
Sewer
Public Sewer
Other Property Details
Area Name
00925 - San Juan
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
2
View
No
County
San Juan
Water Source
Public
Pool
No
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Water Available
Zoning
R-1
Listed by WANDA PANCORBO REALTY
Listing Contact: 787-398-0522
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Wow Real Estate Puerto Rico participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2025 Stellar MLS. All rights reserved.
Data last updated 2/18/2025, 6:37 AM UTC
