1406 AMERICO SALAS ST. new Save Request In-Person Tour Request Virtual Tour
San Juan,00909
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 10,051 sqft
Price per Sqft $139
Subdivision 1406 Americo Salas
MLS Listing ID PR9110000
Bedrooms 23
Full Baths 12
HOA Y/N No
Originating Board Stellar MLS
Year Built 1976
Property 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!
Location
County San Juan
Community 1406 Americo Salas
Zoning R2
Interior
Interior Features High Ceilings,Open Floorplan
Heating Electric
Cooling Other
Flooring Ceramic Tile
Fireplace false
Appliance None
Laundry Common Area
Exterior
Exterior Feature Sidewalk
Community Features None
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Waterfront false
Roof Type Concrete
Garage false
Private Pool No
Building
Story 3
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None