1960 Boriquen
San Juan, PR, 00915 $ 1,000,000
Baths0.0 Sq 18,000 Monthly Estimate*
$ 6,646
Studio
for $1,000,000. This 18,000 square foot home was built in 1960 on a lot size of 0.15.
This property is an 18,000 square foot building in the Sagrado Corazon area of Santurce, San Juan, Puerto Rico. The Sagrado Corazon area of Santurce is an up and coming area with lots of improvements, investments, and foot traffic in the area. The property consists of 3 floors, each with approximately 6000 square feet. There are currently 2 operating businesses as tenants on the first floor. One business is a convenience store, restaurant, bar with 2 bathrooms. The other business is a restaurant with 1 bathroom. These businesses occupy approximately 30% of the first floor so there is much more potential for more businesses on the first floor alone. A lot of space to make your dreams come true. The second and third floors are currently set up as apartments that do need repair and remodel work. The second floor has 6 apartments total, four 4 bedroom 1 bath apartments, one 3 bedroom 1 bath apartment, and one 1 bedroom 1 bath apartment. The third floor has 5 apartments, three 4 bedroom 1 bath apartments and two 3 bedroom 1 bath apartments. The second and third floors can be repaired to be Plan 8 housing, long term rentals, short term rentals. Or, can be completely converted to different uses. The property is a great investment opportunity in an up and coming area. Potential businesses include, but are not limited to, Restaurants, Bars, Nightclubs, Virtual Reality, Laser Tag, Beauty Salons, Doctor's offices, Real Estate offices, Dance Studios, Karate Studios, Short Term rentals, Long Term rentals, Plan 8 housing, Storage Rentals, plus many, many more potential businesses. The opportunities for this property are endless with a lot of space to make your dreams come true. The property can house pretty much any business one can think of. In addition, Sellers are willing to Seller finance with 30% down payment which makes this even more of an attractive opportunity.
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FeaturesGeneralInterior Features High Ceilings Living Room/Dining Room Combo Open Floorplan Other
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Connected Fire Hydrant Public Sewer Connected Street Lights Water Connected
Roof Cement
Exterior Features Balcony Other Sidewalk
Zoning SU
Construction Materials Concrete
Year Built 1960
View City
Property SubType Multi Family
Percent Ownership Fee Simple
County San Juan
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name SANTURCE
Garage Y/N No
Status Active
Directions From the intersection of Interstate 22 and Fernando Juncos Avenue (route 35) proceed South on Fernando Juncos. At Boriquen Avenue (route 36) make a left turn. The property is 1.5 blocks on the righ
City SAN JUAN
Buyer Agent Compensation 4%
Senior Community Y/N No
Total Units 14
MLS Area 00915 - San Juan
Lot Size Square Feet 6351
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Boriquen
Listing Terms Owner May Carry
Property Condition Fixer
Public Remarks This property is an 18 000 square foot building in the Sagrado Corazon area of Santurce San Juan Puerto Rico. The Sagrado Corazon area of Santurce is an up and coming area with lots of improvements i
Virtual Tour https://my.matterport.com/show/?m=nXYR4bNSQb6
Days on Market 39
Standard Status Active
Water Access Y/N No
Water View Y/N No
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InteriorFlooring Ceramic Tile
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Laundry Features None
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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ExteriorLot Features City Lot Near Public Transit Sidewalk
Water Source Public
Lot Size Area 6351
Foundation Details Slab
Number of Buildings 1
Building Area Total 18000
Lot Size Acres 0.15
Road Surface Type Asphalt
Lot Size Units Square Feet
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* Excluded FeaturesList Byinfo@puerto-rico-real-estate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,646
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Juan, PR
Average List Price $1,065,474
Percent of Sale Price 7%
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266288 Elementary School
265661 Middle School
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Pricing HistoryDate | Price | Price Change | Description |
---|
3/29/2024 | $1,000,000 | | Listed Price |