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1 San Geronimo Street , 122-123

SAN JUAN, PR 00901
  • $1,050,000
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: PR9105573
UPDATED: 92 min ago
$1,050,000
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,074
    SQFT
  • $978
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2005
County:
Area:

School Ratings & Info

Description

PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a "two-door" condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean. Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors. Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition. Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice. Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don't miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-17T16:48:13.223.
www.thenewcomergroup.com/homes/149201328
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1 San Geronimo Street , 122-123 SAN JUAN, PR 00901

  • Price: $1,050,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 92 min ago
  • MLS #: PR9105573
1
Beds
2
Baths
0
½ Baths
N/A
Acres
1,074
SQFT
$978
$/SQFT
2005
Built
Neighborhood:
Condado Lagoon Villas
County:
San Juan
Area:
San Juan
Property Description
PRIME INVESTMENT OPPORTUNITY. Calling all Investors! Seize the chance to secure a lucrative investment with this pristine 1,074 square foot apartment! Originally conceived as a "two-door" condo-hotel suite, this unit has been transformed into a spacious 1-bedroom haven, complete with its own private terrace and patio boasting stunning vistas of the Condado Lagoon and the Atlantic Ocean. Enjoy consistent returns comparable to short-term rental units within the building, without the hassle and management fees associated with such arrangements. This property promises immediate returns in a secure environment, making it an ideal choice for savvy investors. Meticulously renovated, maintained and fully furnished, this unit is ready for occupancy from day one. With upgraded floors, bathrooms, and tasteful furnishings exuding comfort without compromise, it presents a hassle-free turnkey investment proposition. Currently leased to a commendable tenant with a prepaid 1-year lease extending until May 24, 2024, this property offers the flexibility to renew the lease for an additional year. Alternatively, for those inclined towards short-term rental arrangements or personal usage, the current lease can be terminated with a 60-day notice. Strategically situated next to the Caribe Hilton Hotel, with memberships available for purchase, and conveniently located near the Convention District, Old San Juan, and Condado, this condominium offers unparalleled convenience and accessibility. Don't miss out on this exceptional opportunity to park your money and secure a decent return on investment in a safe and thriving environment.
Exterior Features

Architectural Style Contemporary Attached Garage Yn No Carport Yn No Construction Materials Concrete Covered Spaces 1 Direction Faces Northeast Exterior Features GardenStorage Foundation Details Slab Lot Features Historic DistrictNear MarinaStreet Dead-End Other Structures Storage Patio And Porch Features Patio Pool Private Yn No Road Frontage Type Street Dead-End Road Surface Type Brick Roof Concrete View Water Water Access BeachGulf/Ocean Water Access Yn Yes Water Body Name Atlantic Ocean-Condado Lagoon Water Extras Yn No Water View Gulf/Ocean - Full Water View Yn Yes Waterfront Features WaterfrontGulf/Ocean Waterfront Feet Total 0 Waterfront Yn Yes

Interior Features

Additional Rooms Storage Rooms Appliances CooktopDryerMicrowaveRefrigeratorTankless Water HeaterWasher Building Area Total 1074 Cooling Mini-Split Unit(s) Cooling YN Yes Fireplace Yn No Flooring Ceramic Tile Furnished Turnkey Heating None Heating YN No Interior Features Other Laundry Features Laundry Closet Levels One Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Association Approval Required Yn No Association Fee Includes Community PoolElectricityMaintenance StructureMaintenance GroundsSecurityWater Association Fee Requirement None Association Montly Maint Amt Add To Hoa 0 Association Yn No Building Name Number CONDADO LAGOON VILLAS Community Features Water AccessWaterfrontFitness CenterParkPoolRestaurant Condo Fee Monthly Amount 1225 Condo Fees 1225 Condo Fees Term Monthly Condo Land Included Yn No Days Notice To Tenant If Not Ren 30 days Down Payment Resource No Flood Zone Code VEAE Floor Number 1 Garage Yn Yes Lease Considered YN Yes Lease Restrictions YN No Max Pet Weight 999 Minimum Lease No Minimum Month To Month Or Weekly Yn Yes New Construction Yn No Ownership Condominium Pets Allowed Yes Property Sub Type Condominium Special Listing Conditions None Total Annual Fees 14700 Total Monthly Fees 1225 Utilities Cable ConnectedElectricity ConnectedFiber OpticsWater Connected Zoning CT


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BOURET REAL ESTATE: 787-642-9293.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-17T16:48:13.223.
 
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