Multi-family in Santurce Norte, San Juan - Santurce

$2,199,000

Multi-family · 5 baths

Santurce Norte, San Juan - Santurce, Puerto Rico

Income-producing 8-unit multifamily property located steps from Calle Loíza, one of San Juan’s strongest rental markets. Fully remodeled, furnished, and currently operating with 3 long-term rental units and 5 short-term rental units. Generated approximately $363,500 in gross income during 2025 with an 85% occupancy rate, and 2026 performance is projected to exceed current results. Features 4 one-bedroom units, 2 two-bedroom units, and 2 three-bedroom units totaling 3,553 sqft of living area, with separate entrances, remodeled kitchens, split A/C units, balconies, laundry areas, and a separate parking lot—a rare find in the Calle Loíza/Santurce area. No HOA and no short-term rental restrictions. High cap rate with additional upside potential through conversion of more units to short-term rentals. Excellent turn-key investment opportunity for investors seeking immediate cash flow and long…

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