Seller Financing
Address
2260 Cacique STREET #9, SAN JUAN, PR
Price
$ 1,950,000
Property Attributes
  • MLS#PR9103801
  • TypeCommercial
  • CountySAN JUAN
  • CitySAN JUAN
  • AreaSan Juan
  • NeighborhoodSanta Teresita
  • Zip00913
  • StyleMulti Family
  • Year Built1970
  • Taxes$ 4000
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4650
  • Lot Size8,276 SqFt
Data Source:
Stellar MLS
Property Description

BEST LOCATION: SANTA TERESITA If you are looking for a property with great value, this is the one for you. This amazing property is located just a short walk away from the Ocean Park beach and is situated in the gated community of Santa Teresita in San Juan, Puerto Rico. It includes 9 AirBnB apartments and offers the potential to expand to 14-16 more apartments. With a lot size of 809 square meters (one of the largest in Santa Teresita), this investment property boasts 4,650 sq. ft. of construction, 10-12 parking spaces, an outdoor entertainment area, and a laundry/storage room. The main structure of the property combines sleeping accommodations and office spaces, making it perfect for guests who want to work from home. Upstairs, you'll find a Apartment #1. A 4-bedrooms, 3-full bathrooms with a large balcony of 1,650 sqft, a spacious kitchen, a living room, a dining room, and a family room. Apartment #2-Also on the second floor, a one-bedroom apartment with a terrace. Downstairs, there are Apartment #3- A one-bedroom, one-bathroom Apartment ##5, A one-bedroom, one-bathroom Apartment #6 A one-bedroom, one-bathroom Apartment #7), one two-bedroom, one-bathroom Apartment #8, A two bedrooms, one bathroom The second structure of the property has: Apartment #9 A one-bedroom, one bathroom Apartment #10 A one bedroom, one bathroom. This property gives you the flexibility to use it as a big single-family home or operate your business and accommodate employees, guests, and/or friends in independent units while enjoying lots of privacy. We have architectural and design plans for renovation, including expansion from 9 apartments to 14-16 separate units, a pool, and a large terrace. A tax incentive may apply. Please call us for a private appointment. Qualified buyers must have proof of funds,this is a multifamily property with 9 apartments, 7 electric meters, and 6 water meters. Financing must be commercial or private, and the price is not subject to appraisal. This property is an income-producing investment and comes turnkey-ready with a proven track record. Occupancy 65% to 85% Great investment for Act 20-22-60 tax incentives. Owner financing is available to qualified buyers. Please note that proof of funds is required for an appointment. This property offers lots of potential to be developed and increase revenews.

Price History
12/27/2023 Listed $1,850,000

General Features

Sewer Public Sewer
Heating Electric,Wall Units / Window Unit
Cooling Mini-Split Unit(s)
Utilities Electricity Available,Phone Available,Water Connected
Roof Cement
Appliances Dryer,Microwave,Refrigerator,Washer
Zoning RT3
Security Features Gated Community,Secured Garage/Parking,Security Gate,Security Lights,Security System,Security System Owned,Smoke Detector(s)
Construction Materials Block,Concrete
Pets Allowed Yes - See Condo Docs
Year Built 1970
Levels Two
Unit Number 9
Property SubType Multi Family
Tax Year 2022
Percent Ownership Partnership
Community Features Beach Area
Accessibility Accessible Bedroom,Accessible Electrical and Environmental Controls,Accessible Entrance,Customized Wheelchair Accessible
County San Juan
New Construction No
Property Type Commercial Sale
Subdivision Name SANTA TERESITA
Facing Direction East
Building Features Furnished,Outside Storage
Other Structures Maintenance,Storage
Status Active
Directions Urbanizacion Santa Teresita Entrada principal por la calle Guerrero Noble. Indicar al guardia de seguridad que va a Cacique 2260. De frente 150 metros es la casa de dos pisos de esquina con todo el
City SAN JUAN
Buyer Agent Compensation 3%
Body of Water Ocean Park Beach
Total Units 9
MLS Area 00913 - San Juan
Lot Size Square Feet 8708
Waterfront Y/N No
Street Name Cacique
Listing Terms Assumable,Cash,Private Financing Available
Tax Annual Amount 4000
Property Condition Completed
Public Remarks BEST LOCATION: SANTA TERESITA If you are looking for a property with great value,this is the one for you. This amazing property is located just a short walk away from the Ocean Park beach and is si
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9103801
Days on Market 131
Standard Status Active
Legal Description URBANA: Solar numero Doscientos Treinta (230) de la manzana R de la Urbanizacin Santa Teresita,radicado en Santurce,Puerto Rico,compuesto de OCHOCIENTOS NUEVE PUNTO VEINTISEIS METROS CUADRADOS (809.2
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Ceramic Tile,Concrete
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix STREET
LivingAreaSource Owner
Living Area Units Square Feet

Exterior Features

Parking Features 6 to 12 Spaces,Common
Lot Features Corner Lot,Curb and Gutters,Flood Insurance Required,FloodZone,Near Public Transit
Water Source Public
Lot Size Area 8708
Foundation Details Slab
Number of Buildings 2
Building Area Total 4650
Lot Dimensions 809
Lot Size Acres 0.19
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Road Frontage Type Street Paved,Access Road,City Street,State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 00913

Price
AVG $1.91M
$1.95M
Taxes
AVG $4,000
$4,000
Visits
AVG 160
164
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1970

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