$1,400,000
For Sale

1406 AMERICO SALAS ST.

San Juan, PR 00909
10051 sqft | 23 beds | 12 baths | #PR9110000
Browse 12 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Discover an incredible investment opportunity in the heart of Santurce! Located on Americo Salas Street, this three-story fixer-upper with 12 residential units is brimming with potential. Positioned in one of San Juan’s most vibrant districts, it’s surrounded by the energetic Santurce lifestyle—trendy cafes, art galleries, nightlife, and hospitals just minutes away. Ideal for investors considering both short- and long-term rental income streams, this property opens up a world of possibilities.
Of the 12 units, six are currently rented (month to month leases), while the remaining six await a new owner to reimagine and transform them. The layout offers variety and space: four expansive three-bedroom, one-bathroom units; three two-bedroom, one-bathroom units; four one-bedroom, one-bathroom units; and one studio. With seven parking spaces, 13 electricity meters, and 12 water meters, this property is prepared for a range of tenant arrangements. Sitting on a spacious 612-square-meter lot with approximately 10,000 square feet of structure, this property is zoned as ZU-R2, allowing for diverse development potential—whether revitalizing the existing apartments or envisioning a new concept entirely.
Make your mark in Santurce and seize this unique investment opportunity!

  • Interior Details
      • InteriorHigh Ceilings, Open Floorplan
    • Beds & Baths
      • Bedrooms23
      • Bathrooms12
      • Full Baths12
  • Property Details
      • Exterior MaterialsSidewalk
      • Stories3
    • Measurements
      • Square Feet10051
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1976
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Subdivision1406 AMERICO SALAS
    • Location
      • CountySan Juan
  • Financial Details
      • Original List Price$1,400,000
      • Days on Market (Cumulative)13
  • Other
      • MLS #PR9110000

Location

William Barnes | BrokerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

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.

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Loan Amount
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