103 TAFT STREET Active Save Request In-Person Tour Request Virtual Tour
San Juan,00911
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $430
Subdivision Santurce
MLS Listing ID PR9109347
Bedrooms 8
Full Baths 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1970
Annual Tax Amount $1,517
Lot Size 3,049 Sqft
Acres 0.07
Property Description
This property presents an exceptional opportunity for use as a primary residence, rental investment, or a combination of both. Situated just a few blocks from the beach and popular dining spots, it is fully furnished and ready to generate income in the desirable Ocean Park area. Currently operating as a successful Airbnb, the property boasts the potential to generate over $120,000 in annual revenue (financials available upon request). Its prime location provides walking access to the beach, basketball courts, a running track, and more.
The property spans a 300 square meter lot and features 4 distinct units. The main house comprises 3 units, while a detached 1-bedroom apartment is located at the rear of the property.
• Unit 1 (1st floor): 3 bedrooms, 1 bathroom, living and dining area, kitchen, and balcony.
• Unit 2 (2nd floor): 2 bedrooms, 1 bathroom, living and dining area, kitchen, and an expansive open terrace.
• Unit 3 (2nd floor): 2 bedrooms, 1 bathroom, living and dining area, and kitchen.
• Unit 4: Detached 1-bedroom apartment with a bathroom and full kitchen.
Annual property taxes are $1,517, insurance is $980, and flood insurance is $3,048.38.
This versatile property offers an excellent return on investment with its proximity to amenities and potential for high rental income.
Location
County San Juan
Community Santurce
Zoning RESI
Interior
Interior Features High Ceilings,Living Room/Dining Room Combo
Heating None
Cooling Mini-Split Unit(s)
Flooring Terrazzo
Fireplace false
Appliance Microwave,Range,Refrigerator
Laundry Common Area
Exterior
Exterior Feature Balcony,Other,Sidewalk
Utilities Available Cable Available,Electricity Available,Water Available
Waterfront false
View City
Roof Type Concrete
Garage false
Private Pool No
Building
Entry Level Two
Foundation Concrete Perimeter
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None