Prime Income Property Investment in the Heart of Hato Rey

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Area	Hato Rey Central
Sub Area	El Vedado (Urbanizacion)
State/Province	San Juan
Country	Puerto Rico
Price	$622,900
Property Type	House
Bedrooms	6
Bathrooms	4
Floor Space	3000 Square Feet
Lot Size	450.00 m²
Year Built	1980
Parking	8 Spaces, Garage
MLS® #	63082

Income Property — Hato Rey | High Cash Flow + Value-Add Exceptional 3-unit multi-family in the heart of Hato Rey, one of San Juan’s most dynamic rental markets. Independent meters, strong tenant demand, and strategic location create a reliable, scalable income platform. Location Advantage Minutes from Plaza Las Américas, Milla de Oro/financial district, Distrito T-Mobile, El Coliseo, Condado, airport, hospitals, and major highways — a central hub that consistently drives rental demand. Property Highlights • 3 spacious units, separately metered • Main unit: 3/2 + 2-car garage • Ample private parking • Potential to add 1–2 additional units (subject to approvals) Income & Cap-Rate Economics Projected gross income $60K–$80K annually. Using an income approach, and cap rates generally seen in this submarket, the NOI supports a valuation in the $600K–$700K+ range, with upside as rents optimize and units are expanded. Short-Term Rental Upside Configuration and location also make this asset well-positioned for Airbnb/short-term rentals, providing the potential to materially increase revenue (where permitted) while maintaining long-term rental optionality..

Listed by Universal Realty

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Marylyn C. Salva Biography

Broker/Owner (2008) and attorney at law-notary public (1994).

I have over 25 years in the real estate practice, initially as an attorney, dealing with estates, contracts, commercial, residential, and foreclosure related affairs. Her law practice led me to become a Real Estate Broker, which become my passion since 2008.

My Broker career started just at the beginning of Puerto Rico economic recession. From a resale market to a foreclosure and underwater market. We adapted and strive! Today I handle as an exclusive broker, foreclosure properties, short sales and became a BPO/CMA expert.

In 2016, became part of the Re/Max family, under the franchisee name Re/Max Zone, established at the Capital City, San Juan. Indeed, everything I was looking for. A respectable company, centered in helping Sellers, Buyers and Agents reached their goals.

On 2017, Hurricane Maria hit the Island, but only showed how strong we were, striving amidst the chaos, we stood up to the challenge, lending a helping hand and becoming part of the movement “Puerto Rico se LEVANTA!” (Puerto RIco RISES).

We are stronger than ever and keep growing, proving our ability to evolve, adapt and survive. Serving all Puerto Rico, determined to fulfill our Mission to serve you!

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