103 TAFT STREET

Residential

$1,300,000

Property ID:

None

Bedrooms

Bathrooms

Year Built

1970

Area

3250 Square Feet

Lot Size

0.07 Square Feet

Description

This property presents an exceptional opportunity for use as a primary residence, rental investment, or a combination of both. Situated just a few blocks from the beach and popular dining spots, it is fully furnished and ready to generate income in the desirable Ocean Park area. Currently operating as a successful Airbnb, the property boasts the potential to generate over $120,000 in annual revenue (financials available upon request). Its prime location provides walking access to the beach, basketball courts, a running track, and more.

The property spans a 300 square meter lot and features 4 distinct units. The main house comprises 3 units, while a detached 1-bedroom apartment is located at the rear of the property.

• Unit 1 (1st floor): 3 bedrooms, 1 bathroom, living and dining area, kitchen, and balcony.

• Unit 2 (2nd floor): 2 bedrooms, 1 bathroom, living and dining area, kitchen, and an expansive open terrace.

• Unit 3 (2nd floor): 2 bedrooms, 1 bathroom, living and dining area, and kitchen.

• Unit 4: Detached 1-bedroom apartment with a bathroom and full kitchen.

Annual property taxes are $1,517, insurance is $980, and flood insurance is $3,048.38.

This versatile property offers an excellent return on investment with its proximity to amenities and potential for high rental income.

Additional Details

Laundry Features: Common Area
Flooring: Terrazzo
Cooling: Mini-Split Unit(s)
MLS Area Major: 00911 - San Juan
MLS Status: Active
Street Number: 103
Directions: Get on Expreso Las Américas/PR-18 in Eleanor Roosevelt, then Head west on Av. Ing. Manuel Domenech toward Independencia St, then Turn right to merge onto Expreso Las Américas/PR-18, then Continue on Expreso Las Américas/PR-18. Take Highway. José de Diego/PR-22 to Marginal Baldorioty de Castro in Santurce. Take the Calle del Parque/Calle San Jorge exit from Highway. José de Diego/PR-22 finally Take PR-37 to C. Taft. Coordinates: 18.45135949994508, -66.06094035531427
ListingTerms: Cash,Conventional
Bathrooms Full: 4
Days on Market: 27
List Agent Preferred Phone: 787-662-1440
TaxYear: 2024
On Market Date: 2024-10-08
List Agent Email: vangas.ruben@gmail.com
List Agent AOR: Puerto Rico
Living Area Source: Owner
List AOR: Puerto Rico
Listing Courtesy of: PRDISE PROPERTIES LLC
List Office Phone: 813-451-1633
State: PR
STELLAR_WaterViewYN:
View: City
Levels: Two
Bathrooms Half: 0
Lot Size Area: 3229
Street Name: Taft Street
Utilities: Cable Available,Electricity Available,Water Available
Original List Price: 1400000
Lot Size Square Feet: 3229