1 SAN GERONIMO STREET #122-123
San Juan, PR 00901
1074 sqft | 1 bed | 2 baths | #PR9105573
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.
Interior Details
- InteriorOther
Beds & Baths
- Bedrooms1
- Bathrooms2
- Full Baths2
Property Details
- Lot DescriptionHistoric District, Near Marina, Street Dead-End
- Exterior MaterialsGarden, Storage
- ViewWater
- Stories1
Measurements
- Square Feet1074
Parking
- Parking Spaces1
Construction Details
- Property TypePurchase
Condition
- Year Built2005
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesCable Connected, Electricity Connected, Fiber Optics, Water Connected
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionCONDADO LAGOON VILLAS
Location
- CountySan Juan
Financial Details
- Original List Price$1,150,000
- Days on Market (Cumulative)225
Restrictions
- Pets AllowedYes
Other
- MLS #PR9105573
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: William Barnes | Broker
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Coral Bouret (#MFR743575195)
Listing Office: BOURET REAL ESTATE (#MFR743580020)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.