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1406 Americo Salas St. San Juan, 00909

23 Beds
12 Baths
10,051 Sqft
Status: Active
Property Type: Condominium
Year Built: 1976
Neighborhood: 1406 Americo Salas
Days on Website: 16

Courtesy of BLACKMONT HOMES

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!

Open House

Property Details and Features

  • Building Name Number: 1406 AMERICO SALAS
  • Living Area Meters: 933.77
  • Room Count: 14
  • Building Area Total: 10051
  • Building Area Units: Square Feet
  • Construction Materials: "Concrete"
  • Direction Faces: Northeast
  • Levels: "Three Or More"
  • Living Area: 10051
  • Stories Total: 3
  • Year Built: 1976
  • Building Elevator
  • Interior Features: "High Ceilings", "Open Floorplan"
  • Calculated List Price By Calculated Sq Ft: $139
  • Road Surface: "Asphalt"
  • Appliances: "None"
  • 12 full bathrooms
  • Bedrooms Total: 23
  • Community Features: "None"
  • Cooling: "Other"
  • Exterior Features: "Sidewalk"
  • Flooring: "Ceramic Tile"
  • Foundation Details: "Slab"
  • Heating: "Electric"
  • Association Fee Includes: "None"
  • Laundry Features: "Common Area"
  • County or Parish: San Juan
  • Subdivision: 1406 AMERICO SALAS
  • Carport Spaces: 7
  • Zoning: R2
  • Roof: "Concrete"
  • Sewer: "Public Sewer"
  • Utilities: "Electricity Connected", "Sewer Connected", "Water Connected"
  • Water Source: "Public"

This content last updated on November 27, 2024 9:24AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.