1127 PICCIONI STREET CORNER,SAN JUAN,San Juan,Residential Income

$ 3.200.000
1127 PICCIONI STREET CORNER, ,

Overview

  • 99885
  • Property ID
  • Updated On:
  • julio 12, 2024
  • 13
  • Bedrooms
  • 9
  • Bathrooms
  • 628.88 ft2
  • Property Lot Size
  • 5,306.00 ft2
  • Property Size

Property Description

### An Investor’s Dream: Prime Mixed-Use Multifamily Property in Condado

#### Generate Substantial Short-Term Rental Income or Establish Your Commercial Vision

Discover the unparalleled charm of Condado through the doors of this meticulously renovated Art Deco multifamily property. Nestled in the heart of this vibrant tourist hub and just steps away from the iconic La Concha Hotel Beach, this hidden gem is ready to become your next income-generating powerhouse.

### Key Features:
– **Versatile Usage:** Ideal for short-term rentals, commercial purposes like a Med Spa, Medical Office, Wellness Center, Group Rental Business, or a Guest House.
– **Strategic Location:** Situated in a prime area with high foot traffic and tourist appeal.
– **Fully Remodeled:** Recently undergone an extensive renovation, ensuring modern comfort while preserving its historic charm.
– **Grand Reveal:** Scheduled for the first week of December, perfectly timed to capture peak tourist season interest.

### Property Details:
– **Three Distinct Buildings:** A stunning Art Deco architectural masterpiece.
– **Seven Apartment Units:** Featuring a total of 14 bedrooms and 9 bathrooms.
– **Luxurious Amenities:** Brand-new pool and lush patio area for relaxation and leisure.
– **Convenient Parking:** Seven dedicated parking spaces to enhance accessibility.
– **Tax Credits:** Take advantage of the 40% tax credits offered by the Department of Tourism for this type of property.

Whether you’re looking to establish a charming guest house or embark on an Airbnb venture, this investment property holds the key to a lucrative and inviting hospitality business. Seize the opportunity to make your mark in Condado’s thriving landscape with this fully renovated Art Deco gem. History meets modern sophistication here—your ideal investment awaits in the heart of the Condado experience!

Address: 1127 PICCIONI STREET CORNER
City:
Area:
State/County:
Zip: 00907
Country: US
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Other Features
Cooktop
Courtyard
Eating Space In Kitchen
Garden
Has Cooling System
Has Heating System
Has Pool
High Ceilings
Hurricane Shutters
Kitchen/Family Room Combo
Outdoor Shower
Private Mailbox
Refrigerator
Storage
Property Id : 99885
Price: $ 3.200.000
Property Size: 5,306.00 ft2
Property Lot Size: 628.88 ft2
Bedrooms: 13
Bathrooms: 9
ListAgentFullName: Mario Rivera McCann
ListAgentPreferredPhone: 787-671-1902
ListOfficeName: MARIO MCCANN
OriginatingSystemName:: Stellar MLS
CumulativeDaysOnMarket: 177
DaysOnMarket: 177
$ 16,407.03
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,407.03

José Luis Ayala Tirado

Corredor de Bienes Raíces Lic. C-23794
Member of: San Juan Board Of Realtor

Contact Me

Call 787.515.0309 WhatsApp

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José Luis Ayala Tirado

Corredor de Bienes Raíces Lic. C-23794

Contact Me

Call 787.515.0309 WhatsApp
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Address 1127 PICCIONI STREET CORNER and property Id 99885. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Josê Luis Ayala participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. ©2024 Stellar MLS. All rights reserved.

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José Luis Ayala Tirado