60 Ismael Rivera STREET #1-3 San Juan, PR $ 1,000,000
60 Ismael Rivera STREET #1-3
$ 1,000,000
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60 Ismael Rivera STREET #1-3

San Juan, PR, 00911
$ 1,000,000
Bedrooms8 Baths5.0 Sq 3,600

Monthly Estimate*

$ 5,989

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Single Family Home for sale in San Juan, PR

for $1,000,000 with 8 bedrooms and 5 full baths. This 3,600 square foot home was built in 1970 on a lot size of 0.93.

The Best Value in Ocean Park – High-Income Property You Can’t Miss! 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! ?? Prime Location: This property is four blocks from Ocean Park Beach, a vibrant community. Within walking distance, you can enjoy easy access to trendy cafes, fresh food markets, parks, shopping, and a variety of restaurants. The area also offers exciting nightlife, with 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 3,800 square feet of construction, offering: - Three independent structures for maximum rental flexibility - Four parking spaces - Tesla battery and 32 solar panels with Net Metering, slashing electricity costs - 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 - 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 $13,000 monthly in rental income, making it the best value in the neighborhood. No other property with this type of income potential is selling for less. The 4-bedroom unit has been fully remodeled and is highly sought after for short-term rentals like Airbnb. All three units are turn-key, rental-ready, and cash-flow positive from day one. ?? Added Value & Flexibility: - Perfect for investors or owners who want to live in one unit while renting out the others - Tax incentives may apply, adding even more value to your investment - Opportunity to build a pool in the outdoor area to further 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: - Price is not subject to appraisal - Available for serious buyers only with POF. ? 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 energy-efficient upgrades, 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!

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Single Family Active

Price

$ 1,000,000

Bedrooms

8

Full Bath

5

Property Type

Single Family

Taxes

$ 1,200

Style

Contemporary,Mediterranean

Lot Size

0.93

Year Built

1970

Town/City

San Juan

County/Region

San Juan

MLS | Web ID

PR9097979

Features
General
Interior Features ceiling fan(s) high ceilings living room/dining room combo primary bedroom main floor smart home solid surface counters solid wood cabinets stone counters
Sewer public sewer
Heating none
Cooling mini-split unit(s)
Utilities cable available cable connected electricity available electricity connected fiber optics natural gas available phone available public sewer available sewer connected solar street lights water availab
Roof concrete
Appliances cooktop dryer electric water heater microwave range refrigerator tankless water heater washer water filtration system
Exterior Features balcony french doors garden hurricane shutters lighting outdoor grill private mailbox sidewalk
Zoning rt-3
Patio/Porch Features covered front porch rear porch
Architectural Style contemporary mediterranean
Security Features key card entry security fencing/lighting/alarms secured garage/parking security gate security lights security system smoke detector(s)
Construction Materials brick cement siding concrete
Pets Allowed cats ok dogs ok yes
Year Built 1970
Electric photovoltaics seller owned
View city
Levels two
Unit Number 1-3
Building Design single family residence
Tax Year 2022
FULL fee simple
County san juan
New Construction no
Property Type residential
HOA Y
Attached Garage no
Energy Efficient appliances
Subdivision Name san juan-ocean park
Facing Direction east
Garage Y/N no
Green Energy Generation solar
Other Structures additional single family home cabana gazebo
Total Rooms 15
Full Baths 5
Status active
Directions calle ismael rivera #60 between calle loiza and mcleary avenue san juan pr 00911 this property is not inside the gated community of ocean park; instead it is between calle loiza and mcleary ave two
City san juan
Body of Water ocean park beach
Disclosures lead paint other
Senior Community Y/N no
MLS Area 00911 - san juan
Lot Size Units square feet
Lot Size Square Feet 4073
Waterfront Y/N no
Carport Spaces 4
Carport Y/N yes
Listing Terms cash conventional fha lease purchase other owner may carry private financing available
Land Lease Y/N no
Tax Annual Amount 1200
Home Warranty Y/N no
Property Condition completed
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/pr9097979
Building Area Units square feet
Living Area Units square feet
Builder Name ocean park
Standard Status active
Occupancy Type tenant
Legal Description -----urbana: porcin de terreno radicada en la seccin norte del barrio de santurce de esta ciudad de san juan puerto rico compuesta de trescientos setenta y ocho punto cuarenta y cinco metros cuadrado
Pet Size Limit medium (36-60 lbs.)
Minimum Lease no minimum
Water Access Y/N no
Additional Rooms garage apartment
ILS Under Air SQFT 180
Water View Y/N no
Flood Zone Code 10964
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Interior
Flooring ceramic tile porcelain tile tile
Furnished Y/N negotiable
Total Stories 2
Air Conditioning Y/N yes
Heating Y/N no
Window Features aluminum frames impact glass/storm windows shutters
Fireplace Y/N no
Half Baths 0
Laundry Features common area electric dryer hookup gas dryer hookup outside washer hookup
Total Bedrooms 8
Total Baths 5
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Exterior
Vegetation fruit trees
Fencing electric fenced masonry
Parking Features alley access curb parking off street on street
Lot Features floodzone
Water Source public
Lot Size Area 4073
Foundation Details brick/mortar concrete perimeter
Building Area Total 3800
Lot Size Acres 0.93
Road Surface Type asphalt
Covered Spaces 4
Number of Lots 1
Builder Model multi-family
Road Responsibility public maintained road
Open Parking Y/N yes
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* Excluded Features
List By
Puerto Rico Corporate Rentals

Broker

victor2011pr@gmail.com

Email

Affordability Calculator

$6,089
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,989
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2024$1,000,000 -4.76% Price Down
1/5/2023$1,050,000 Listed Price

Map


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60 Ismael Rivera STREET #1-3, San Juan, PR, 00911 is a Single Family Home for sale at $1,000,000 with 3,600 sqft and a lot size of 0.93. 60 Ismael Rivera STREET #1-3 has 8 bedrooms, 5.0 baths, and was built in 1970. The property's zip code is 00911 which is in San Juan, PR