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Prime Income Property Investment in the Heart of Hato Rey | $622,900 | MLS# 63082
Sylvia Selles Alverio Agent Photo
Sylvia
Selles Alverio
C. (787) 627-0600
P. (787) 627-0600
License #: C17343
Phone Sylvia remax-realrealtypr.com
RE/MAX Real Realty
Ave Degetau D-7 Urb. San Alfonso, Caguas PR

Puerto Rico
MLS# 63082

Details

%
Years (35 year max)
Years



AreaHato Rey Central
Sub AreaEl Vedado (Urbanizacion)
State/ProvinceSan Juan
CountryPuerto Rico
Price$622,900
Property TypeHouse
Bedrooms6
Bathrooms4
Floor Space3000 Square Feet
Lot Size450.00 m²
Year Built1980
Parking8 Spaces, Garage
MLS® #63082

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..


Listed by Universal Realty


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About

Real Estate Broker and President of Real Realty Group since 2011. Real Realty Group is a company dedicated more than a decade ago to serve as an intermediary in the sale, purchase and rental of residential and commercial properties. Our mission is to satisfy the expectations of each represented driven by our knowledge, commitment and consistency.
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