Single Family for Sale: 60 ISMAEL RIVERA STREET #1-3, SAN JUAN, PR 00911

8 beds
5 full baths
$1,100,000
$1,100,000
60 ISMAEL RIVERA STREET #1-3, SAN JUAN, PR 00911
8 beds
5 full baths
$1,100,000
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Price:
$1,100,000
$50,000 - 11/25/2024

Type Single Family
Style Contemporary, Mediterranean
Beds 8
Total Baths 5 full baths
Total Living Area 2,666 sqft
Lot Size 0.93 acres
Year Built 1970
Taxes Paid $1,200

City SAN JUAN
Area 00911 - San Juan
County San Juan
Subdivision SAN JUAN-OCEAN PARK

MLS PR9097979
Status Active
DOM 676 days
The Best Value in Ocean Park – High-Income Property You Can’t Miss! Address: Calle Ismael Rivera #60, between Calle Loiza and McLeary Avenue, San Juan, PR 00911 This is a one-of-a-kind investment opportunity in San Juan’s highly sought-after Ocean Park neighborhood. Whether looking for short-term or long-term rental income, this property delivers unmatched value and revenue potential. Properties like this don’t come around often—act now before it’s gone! Investment Opportunity. Prime Location: This property is located just four blocks from Ocean Park Beach in a vibrant community with easy access to trendy cafes, fresh food markets, parks, shopping, and various restaurants. The area also offers exciting nightlife, including cultural and music events at nearby La Placita and Ventana al Mar in Condado. Unbeatable Property Features: This Mediterranean-style compound sits on a 378-square-meter lot with approximately 2,666 square feet of construction, offering: - Three independent apartments for maximum rental flexibility - Four parking spaces - 32 solar panels, two electric meters, and one Net Metering system significantly reducing electricity costs - Two Tesla batteries under lease for reliable power backup - A spacious outdoor entertainment area with room to add a pool The Units: Main Building – Ground Floor Unit: - 4 remodeled bedrooms, two full bathrooms - Living/dining room, full kitchen, and a charming porch - AC split units in all bedrooms and living areas Main Building – Second Floor Unit: - 3 bedrooms, two full bathrooms - Open-layout kitchen with access to a balcony, living, dining, and family room Second Building (Back of Property): - 1-bedroom, 1-bathroom unit, ideal for additional rental income Why This Property Stands Out: This property generates exceptional cash flow through its highly successful Airbnb rentals. The fully remodeled 4-bedroom unit is a standout feature, consistently attracting high demand from short-term renters. With all three units designed as turnkey, rental-ready spaces, this property generates positive cash flow from day one. Its combination of modern upgrades, prime location, and established rental income makes it the best value in the neighborhood and a perfect addition to any investor’s portfolio. Don’t miss this chance to capitalize on a thriving short-term rental market! Added Value and Flexibility: - Ideal for investors or owners who want to live in one unit while renting out the others - Opportunity to build a pool in the outdoor area to enhance revenue and property appeal Why Sell Such a Gem? The owners are developing another property, which is the only reason this cash cow is on the market. Otherwise, it’s the kind of investment they’d never part with. Investment Details: - Cash-only or owner financing is available with a half-down payment - Price is not subject to appraisal - Available for serious buyers only with proof of funds Act Now – This Won’t Last! This is your chance to own Ocean Park's best-value income-generating property. With a prime location, unmatched rental income, and exceptional features, this property is a no-brainer for savvy investors. Call today to schedule your private showing and secure this incredible opportunity before someone else does! Don’t wait—this property is a rare find!

Virtual Tours for 60 ISMAEL RIVERA STREET SAN JUAN, PR

Lot & Building Features

Appliances Cooktop, Water Filtration System, Washer, Tankless Water Heater, Refrigerator, Range, Microwave, Electric Water Heater, Dryer
Style Contemporary, Mediterranean
Construction Brick, Concrete, Cement Siding
Cooling Mini-Split Unit(s)
Heating None
Interior Decor Ceiling Fans(s), Stone Counters, Solid Wood Cabinets, Solid Surface Counters, Smart Home, Primary Bedroom Main Floor, Living Room/Dining Room Combo, High Ceilings
Parking Description Alley Access, On Street, Off Street, Curb Parking
Sewer Public Sewer
Tax Year 2022
Taxes Paid $1,200
Water Public
Windows And Doors Aluminum Frames, Shutters, Impact Glass/Storm Windows

Price History of 60 ISMAEL RIVERA STREET, SAN JUAN, PR

Date Name Price Difference
11/25/2024 Price Adjustment $1,100,000 4.76%
11/25/2024 Price Adjustment $1,050,000 5.00%
11/01/2024 Price Adjustment $1,000,000 9.09%
11/01/2024 Price Adjustment $1,100,000 3.51%
10/18/2024 Price Adjustment $1,140,000 0.87%
12/31/1969 Listing Price $1,150,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 60 ISMAEL RIVERA STREET, SAN JUAN, PR

Location Map Street View
Photo of Sherri McNeely
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by PR SHORT CORPORATE INTERNATIONAL REALTY, Victor Alonso Vega
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60 ISMAEL RIVERA STREET (MLS #PR9097979) is a contemporary, mediterranean single family home located in SAN JUAN, PR. This is a single family home with a lot of 40,511 sqft (or 0.93 acres). This property was listed on 11/21/2024 and has been priced for sale at $1,100,000.

Nearby zip codes are 00907, 00908, 00913, 00915 and 00923. This property neighbors other cities such as Barrio Obrero, Carolina, Carolina Isla Verde, Condado and Santurce.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: PR SHORT CORPORATE INTERNATIONAL REALTY