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517 MARIA LLOVET, El Vedado (Urbanizacion), San Juan, Puerto Rico 00918

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$ 629,900

517 MARIA LLOVET El Vedado (Urbanizacion) San Juan Puerto Rico (xP) , 00918

5
3000 p2
5
3000 p2

Income Property — Hato Rey | High Cash Flow + Value-Add Exceptional 3-unit multi-family in the heart of Hato Rey, one of San Juan’s most dynamic rental markets. Independent meters, strong te... Income Property — Hato Rey | High Cash Flow + Value-Add Exceptional 3-unit multi-family in the heart of Hato Rey, one of San Juan’s most dynamic rental markets. Independent meters, strong tenant demand, and strategic location create a reliable, scalable income platform. Location Advantage Minutes from Plaza Las Américas, Milla de Oro/financial district, Distrito T-Mobile, El Coliseo, Condado, airport, hospitals, and major highways — a central hub that consistently drives rental demand. Property Highlights • 3 spacious units, separately metered • Main unit: 3/2 + 2-car garage • Ample private parking • Potential to add 1–2 additional units (subject to approvals) Income & Cap-Rate Economics Projected gross income $60K–$80K annually. Using an income approach, and cap rates generally seen in this submarket, the NOI supports a valuation in the $600K–$700K+ range, with upside as rents optimize and units are expanded. Short-Term Rental Upside Configuration and location also make this asset well-positioned for Airbnb/short-term rentals, providing the potential to materially increase revenue (where permitted) while maintaining long-term rental optionality..

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517 MARIA LLOVET El Vedado (Urbanizacion) San Juan Puerto Rico (xP) , 00918

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