For Sale 60 ISMAEL RIVERA ST #1-3, SAN JUAN, PR 00911
60 ISMAEL RIVERA ST #1-3, SAN JUAN, PR 00911
Property Description: The Best Value in Ocean Park – High-Income Property You Can’t Miss! Address: Calle Ismael Rivera #60, between Calle Loiza and McLeary Avenue, San Juan, PR 00911 This is a one-of-a-kind investment opportunity in San Juan’s highly sought-after Ocean Park neighborhood. Whether looking for short-term or long-term rental income, this property delivers unmatched value and revenue potential. Properties like this don’t come around often—act now before it’s gone! Investment Opportunity. Prime Location: This property is located just four blocks from Ocean Park Beach in a vibrant community with easy access to trendy cafes, fresh food markets, parks, shopping, and various restaurants. The area also offers exciting nightlife, including cultural and music events at nearby La Placita and Ventana al Mar in Condado. Unbeatable Property Features: This Mediterranean-style compound sits on a 378-square-meter lot with approximately 2,666 square feet of construction, offering: - Three independent apartments for maximum rental flexibility - Four parking spaces - 32 solar panels, two electric meters, and one Net Metering system significantly reducing electricity costs - Two Tesla batteries under lease for reliable power backup - A spacious outdoor entertainment area with room to add a pool The Units: Main Building – Ground Floor Unit: - 4 remodeled bedrooms, two full bathrooms - Living/dining room, full kitchen, and a charming porch - AC split units in all bedrooms and living areas Main Building – Second Floor Unit: - 3 bedrooms, two full bathrooms - Open-layout kitchen with access to a balcony, living, dining, and family room Second Building (Back of Property): - 1-bedroom, 1-bathroom unit, ideal for additional rental income Why This Property Stands Out: This property generates exceptional cash flow through its highly successful Airbnb rentals. The fully remodeled 4-bedroom unit is a standout feature, consistently attracting high demand from short-term renters. With all three units designed as turnkey, rental-ready spaces, this property generates positive cash flow from day one. Its combination of modern upgrades, prime location, and established rental income makes it the best value in the neighborhood and a perfect addition to any investor’s portfolio. Don’t miss this chance to capitalize on a thriving short-term rental market! Added Value and Flexibility: - Ideal for investors or owners who want to live in one unit while renting out the others - Opportunity to build a pool in the outdoor area to enhance revenue and property appeal Why Sell Such a Gem? The owners are developing another property, which is the only reason this cash cow is on the market. Otherwise, it’s the kind of investment they’d never part with. Investment Details: - Cash-only or owner financing is available with a half-down payment - Price is not subject to appraisal - Available for serious buyers only with proof of funds Act Now – This Won’t Last! This is your chance to own Ocean Park 's best-value income-generating property. With a prime location, unmatched rental income, and exceptional features, this property is a no-brainer for savvy investors. Call today to schedule your private showing and secure this incredible opportunity before someone else does! Don’t wait—this property is a rare find!
Residential Single Family House For Sale located at 60 ISMAEL RIVERA ST #1-3 SAN JUAN PR 00911 in San Juan referenced as ID MLS # PR9097979. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.
Useful Info
Measures
- Appraiser
Land Lot (Parcel) Details
- Floodzone
Rooms Distribution
- Garage Apartment
Construction
Style:
- Mediterranean
- Contemporary
- Completed
- Brick
- Concrete
- Cement Siding
- Tile
- Ceramic Tile
- Brick/mortar
- Concrete Perimeter
- Elevated
Property Features
- City
- Above Ground
- Smoke Detector(s)
- Security Gate
- Key Card Entry
- Security System
- Security Lights
- Secured Garage / Parking
- Security Fencing/lighting/alarms
- Negotiable
- Dryer
- Microwave
- Refrigerator
- Washer
- Cooktop
- Electric Water Heater
- Range
- Tankless Water Heater
- Water Filtration System
- High Ceilings
- Ceiling Fans(s)
- Living Room/dining Room Combo
- Smart Home
- Stone Counters
- Solid Surface Counters
- Solid Wood Cabinets
- Primary Bedroom Main Floor
- Balcony
- Lighting
- Outdoor Grill
- Private Mailbox
- Sidewalk
- French Doors
- Hurricane Shutters
- Garden
- Covered
- Front Porch
- Rear Porch
- Concrete
- Impact Glass/storm Windows
- Shutters
- Aluminum Frames
- Cabana
- Gazebo
- Additional Single Family Home
- Washer Hookup
- Common Area
- Outside
- Electric Dryer Hookup
- Gas Dryer Hookup
- Appliances
- Mini-split Unit(s)
- Masonry
- Electric
- Fenced
- Fruit Trees
- East
- Public Maintained Road
- Intercom
- Generator
Taxes and Expenses
Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.
Terms
- Lead Paint
- Other Disclosures
- Cash
- Private Financing Available
- Owner Financing
- Tenant
Community
- No Minimum
- Asphalt
- Yes
- Dogs Ok
- Cats Ok
- Medium (36-60 Lbs.)
Parking
- On Street
- Off Street
- Curb Parking
- Alley Access
Utilities
- Public Sewer
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Phone Available
- Electricity Connected
- Sewer Connected
- Street Lights
- Water Connected
- Public
- Cable Connected
- Fiber Optics
- Solar
- Public
Zoning and Legal
- Fee Simple
Listing History
Update/Event | Date/Days |
Published Date: | January 5, 2023 11:26 am |
On Market Date: | January 5, 2023 |
Listing Contract Date: | January 5, 2023 |
Price Change Date Time: | November 25, 2024 10:43 pm |
Status Last Changed: | November 22, 2024 12:39 am |
Photos Last Modified: | November 22, 2024 5:23 pm |
Last Modified: | December 11, 2024 3:47 pm |
Days on the Market (updated on Last Modified*): | 655 |
Cumulative Days on the Market (updated on Last Modified**): | 655 |