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INCOME-PRODUCING MIXED USE MULTIFAMILY WITH COMMERCIAL SPACE | $950,000 | MLS# 65748
Marylyn Salva Agent Photo
Marylyn
Salva
C. (787) 380-3296
P. (787) 405-2673
License #: 16270
Phone Marylyn http://www.remax-zone-pr.com
RE/MAX Zone: Zona Metro & Isla Realty
Cupey Plaza Suite 3B San Juan, PR 00926

Puerto Rico
MLS# 65748

Details

%
Years (35 year max)
Years



AreaSanturce
Sub AreaFernandez Juncos (Sector)
State/ProvinceSan Juan
CountryPuerto Rico
Price$950,000
Property TypeHouse
Bedrooms6
Bathrooms7
Floor Space5772 Square Feet
Lot Size400.00 m²
Year Built1959
Parking7 Spaces, Garage
MLS® #65748

1100 Ave. Fernández Juncos & 703 San Juan Street | Rare opportunity to acquire two buildings for the price of one in one of San Juan's strongest rental corridors. The property consists of six fully equipped 1-bedroom residential apartments, each featuring new A/C units, kitchen appliances, independent LUMA electric meters, and dedicated parking. The asset also includes a commercial space currently generating approximately $3,000 per month in rental income, creating immediate cash flow and a diversified income stream. Positioned as a true value-add investment, the property offers investors the opportunity to acquire an income-producing asset with significant upside through rental optimization. With existing residential income, established commercial tenancy, and the ability to increase rents toward market levels, the property presents strong potential to improve net operating income without additional expansion. Strategically located on Avenida Fernández Juncos, one of San Juan's primary commercial and residential corridors, the property enjoys immediate access to Condado, Miramar, Santurce, Old San Juan, the Puerto Rico Convention Center, Distrito T-Mobile, Luis Muñoz Marín International Airport, major hospitals, universities, restaurants, entertainment districts, and the area's principal expressways. Its central location continues to drive strong demand for both residential and commercial occupancy. Cash sale only. To schedule your private tour, call today!..


Listed by Movida Group LLC


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About

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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