863-763-0788
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About
Sale
9 days on website
Free account required
$3,100,000
Apartment
1127 PICCIONI STREET COR
SAN JUAN, CONDADO 00907
No obligation, free tour cancelation.
Beds · 13
Baths · 9.00
Sqft · 5306.00
Description
Explore the unparalleled charm of Condado through the doors of a meticulously renovated Art Deco multifamily investment property—an undiscovered gem within the heart of the vibrant tourist hub and just steps from the La Concha Hotel Beach. Situated strategically, this property is poised to become... the crown jewel of income-generating real estate. As the final touches of its extensive renovation unfold, the grand reveal is scheduled for the 1st week of December—perfectly timed to captivate the peak tourist season. Consisting of three distinct buildings, this property stands as an Art Deco architectural masterpiece, offering a total of seven apt units featuring 14 bedrooms and 9 bathrooms. The addition of a brand-new pool and lush patio elevates the property's allure, inviting residents and guests to indulge in luxury and relaxation. The convenience of 7 dedicated parking spaces further enhances accessibility, blending seamlessly with the exclusivity of this prime real estate. Whether your vision involves establishing a charming guest house and take advantage of the 40% tax Credits the Dept of Tourism is offering for this type of property or embarking on an Airbnb venture, this investment property holds the key to a lucrative and inviting hospitality and ready to operate business. Seize the opportunity to leave your mark in Condado's thriving landscape with this fully renovated Art Deco gem, where history meets modern sophistication. Your ideal investment awaits in the heart of the Condado experience!
General
Type
Apartment
Style
-
Year Built
1959
Square Footage
5306.00 sqft
Taxes
-
Maintenance Fee
-
Interior Features
Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo
Exterior Features
Courtyard, Garden, Hurricane Shutters, Outdoor Shower, Private Mailbox, Storage
Pool Features
Gunite, In Ground, Lighting
Lot Features
Corner Lot
Amenities & Utilities
Electricity Available
Electricity Connected
Propane
Water Available
Water Connected
Est. mortgage
$11,760/mo
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John Rickards
Managing Partner
Email: jm.redgator@gmail.com
Phone: 863-697-1992
Listing courtesy of:
MARIO MCCANN