Punta Las Marias Calle Caoba, San Juan, PR 00913

Property Description

Income producing investment opportunity in Punta Las Marías. This two-story multifamily residential property located approximately 100 meters from the beach, offering an attractive combination of location, accessibility, and investment potential. The property offers approximately 3,506 square feet of gross building area on a 750 m² lot and consists of six (6) residential units, with three apartment units on the first level and three apartment units on the second level. The property offers a variety of unit layouts from studio apartments to three-bedroom units, spacious balconies, backyard area, parking space at the front of the property, six individual water meters and six individual electricity meters, providing added convenience for utility management across the residential units. Situated on a quiet residential street with excellent accessibility. The property enjoys a prime location with convenient access to Condado, Calle Loíza, nearby beaches, restaurants, shopping, and major amenities throughout San Juan. Located in one of San Juan’s most desirable rental markets, the property benefits from strong rental demand and offers significant potential for investors seeking a strategically located multifamily asset. Requiring some renovations, this is an excellent opportunity for investors looking to maximize rental income and long-term appreciation potential.