$990,000 for Sale
1 san geronimo street, san juan, PR 00901
| Beds 1 | Baths 2 | 1,074 Sqft |
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Property Description
PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a "two-door" condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean. Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors. Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition. Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice. Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don't miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.
Waterfront
Water Name: Atlantic Ocean-Condado Lagoon
Water Description: Waterfront, Gulf/Ocean
General Information
Sale Price: $990,000
Price/SqFt: $922
Status: Active
MLS#: PR9105573
City: san juan
Post Office: san juan
County: San Juan
Subdivision: condado lagoon villas
Acres: 0
Bedrooms:1
Bathrooms:2 (2 full, 0 half)
House Size: 1,074 sq.ft.
Acreage:
Year Built: 2005
Property Type: Condominium
Style: Contemporary
Features & Room Sizes
Paved Road: Brick
Construction: Concrete
Exterior Misc: Garden, Storage
Pool: Yes
Pool Description: Community Pool
Basement: No
Foundation : Slab
Appliances: Cooktop, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer
Cooling: Mini-Split Unit(s)
Heating: None
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Coral Bouret of BOURET REAL ESTATE, Phone: 787-642-9293
