$1,400,000 for Sale
1406 americo salas st. , san juan, FL 00909
Beds 23 | Baths 12 | 10,051 Sqft |
|
1 of 7 |
Property Description
Discover an incredible investment opportunity in the heart of Santurce! Located on Americo Salas Street, this three-story fixer-upper with 12 residential units is brimming with potential. Positioned in one of San Juan’s most vibrant districts, it’s surrounded by the energetic Santurce lifestyle—trendy cafes, art galleries, nightlife, and hospitals just minutes away. Ideal for investors considering both short- and long-term rental income streams, this property opens up a world of possibilities. Of the 12 units, six are currently rented (month to month leases), while the remaining six await a new owner to reimagine and transform them. The layout offers variety and space: four expansive three-bedroom, one-bathroom units; three two-bedroom, one-bathroom units; four one-bedroom, one-bathroom units; and one studio. With seven parking spaces, 13 electricity meters, and 12 water meters, this property is prepared for a range of tenant arrangements. Sitting on a spacious 612-square-meter lot with approximately 10,000 square feet of structure, this property is zoned as ZU-R2, allowing for diverse development potential—whether revitalizing the existing apartments or envisioning a new concept entirely. Make your mark in Santurce and seize this unique investment opportunity!
General Information
Sale Price: $1,400,000
Price/SqFt: $139
Status: Active
MLS#: PR9110000
City: san juan
Post Office: san juan
County: San Juan
Subdivision: 1406 americo salas
Bedrooms:23
Bathrooms:12 (12 full, 0 half)
House Size: 10,051 sq.ft.
Acreage:
Year Built: 1976
Property Type: Condominium
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Concrete
Exterior Misc: Sidewalk
Basement: No
Foundation : Slab
Appliances: None
Cooling: Other
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Fernando Maldonado of BLACKMONT HOMES, Phone: 913-374-8242