315 LUNA N UNIT 2-B, OLD SAN JUAN, Residential

Property Description

One or more photo(s) has been virtually staged. Old San Juan, Historic Zone. Preserved Colonial Architecture Historical Building Casa del Maestro Rafael Cordero, in the heart of the vibrant Old City! Location is everything, invest now! Just steps from iconic landmarks like: Albizu University, Plaza La Barrandilla, San Sebastián St, El Morro, Plaza de Armas, Alejandro Tapia y Rivera Theater, museum’s and more tourist sites. You’ll be surrounded by hottest spots in the day and nightlife. Immediate to stores, supermarket, pharmacies, post office and banks. The condominium has a small common interior courtyard, laundry room, and mailboxes. Rating: C-3 (central commercial), FEMA Zone: X (minimal or moderate flood area). HOA: $504.00 (annual). Insurance: $823.17 (annual). CRIM: $382.21 (no exemption). Preferential rental income tax rate of 4 (valid until January 2029).

Rental Potential: Perfect for short-term rentals (Airbnb).
Rental income tax: Preferential tax rate on net rental income (valid until January 2029, next renewal).
Convenient Amenities: Common small Interior Patio, Laundry Room and Mailboxes inside the Condo. A valuable tax exemption due to the building’s historical preservation.