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Property with 9 Units | $850,000
Nicole Franceschini Agent Photo
Nicole
Franceschini
C. (787) 354-2327
 P. 787 3542-327
 Phone Nicole http://Www.nicfran.com
Nicole Franceschini Real Estate
San Juan 00911
Puerto Rico

Details

%
Years (35 year max)
Years



AreaRío Piedras
Sub AreaSanta Rita (Urbanizacion)
State/ProvinceSan Juan
CountryPuerto Rico
Price$850,000
Property TypeHouse
Floors in Building3
Bedrooms9
Bathrooms9
Floor Space3000 Square Feet
Lot Size387.00 m²
Year Built1960
Parking5 Spaces, Open
MLS® #55982

2 multi-family properties steps from the Rio Piedras Upr, each with 4 apartments with their own independent entrance (The first Unit is delivered Finished). Each unit has its own electricity meters and 5 parking spaces. Both units can be sold or separately. The first unit has 4 apartments, 2 on floors and a terrace. All 1-1 apartments are fully remodeled and ready to rent. The second unit has 5 apartments convertible into 6. With 4 electricity meters. This unit needs improvement. Both units have an estimated ROI of 12% and an annual cash flow of approximately over 35k NOTE (These numbers may vary depending on the buyer)..

Listed by JD Realty

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

I have been working for more than twenty years at the art of selling real estate in Puerto Rico.  I have devoted attention and expertise in corporate and residential relocation. As a relocated resident from Rhode Island, I have the unique ability to offer insightful perspective into the needs of my clients when embarking on this adventure. I am well known in the community for my level of professionalism, knowledge, experience and integrity.  My specialty lies in my ability to handle every need that a client may require from the moment they step foot off the plane and onto the island, often going above and beyond the scope of my job. My experience and expert knowledge on the communities, legal aspects of real estate, financing, and perspective are what enable my clients to feel confident that they are in the right hands. 
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