250 Calle Del Parque

Description

This unique treasure property is located in the prestigious Calle del Parque neighborhood. The building consists of six (6) apartments with three (3) bedrooms and one (1) bathroom each, a terrific opportunity for investors, developers, and homeowners alike. The building is currently undergoing renovations and is projected to be delivered in a pristine condition. Each unit will be completely remodeled from floor to ceiling, including brand-new kitchens and bathrooms, providing a blank canvas for new owners to design and furnish according to their own tastes and preferences. The property provides the opportunity for flexibility, as it can be subdivided, offering investors the chance to control the entire building or sell individual units. With its prime location just a 2-minute walk from Ciudadela, the property is projected to generate a monthly rental income of $2,500 for long-term rentals and potentially double that for short-term rentals, making it an excellent investment opportunity. Located in one of the most sought-after neighborhoods in Santurce, Calle del Parque is known for its vibrant arts and cultural scene, as well as its proximity to the beach, making it an ideal spot for those looking for an urban lifestyle with a Caribbean touch. This is a rare opportunity to own a piece of Santurce and create your own dream home or investment property in one of the most desirable neighborhoods in Puerto Rico. Proof of funds or pre-qualification letter will be required to schedule a showing. Fore more details on the construction, contact the listing agency. The price will increase as the renovations are completed. Asking Price once finished will be $2,000,000