2018 MAGNOLIA

About this property

Excellent multifamily investment opportunity on Magnolia Street in Monteflores, Santurce, just a 3-minute drive from Universidad del Sagrado Corazón. This property features three residential units, plus a rear efficiency that can be renovated and potentially converted into a fourth apartment, subject to applicable permits and approvals. Unit 1 offers 4 bedrooms, 2 bathrooms, and a comfortable balcony. Unit 2 features 2 bedrooms and 1 bathroom, while Unit 3 offers 1 bedroom and 1 bathroom. All three units feature quality flooring, updated kitchens, and bedrooms with closets. One of the property's standout features is its spacious outdoor patio and generous parking area, with room for approximately 8 vehicles—an exceptional advantage for a multifamily property in this location. The outdoor space also offers the possibility of creating a garden with a swimming pool, subject to applicable permits and approvals. Whether you're looking to live in one unit while generating rental income from the others or seeking an income-producing investment property, this versatile property offers multiple possibilities. Conveniently located near the university, shopping, restaurants, and major roadways, with easy access to the greater San Juan metropolitan area. Don't miss this opportunity to own a multifamily property with excellent rental income potential in Santurce, Puerto Rico!