995 Madrid
San Juan, PR 00925
- – beds
- – baths
- 3,250 sqft
- 3,250 sqft lot
- $199 per sqft
- 1950 build
- – on site
Income-Generating Multi-Family Property for Sale. This remodeled property located in the heart of Rio Piedras' university neighborhood features six apartments actually generating substantial income with the potential of reaching $5,200+ in tax-free monthly rental earnings. It includes five one-bedroom units and one two-bedroom unit, perfect for students and professionals. Located walking distance from UPR, it ensures high tenant demand and low vacancy rates. Recent upgrades include modern kitchens, updated bathrooms, security windows, new flooring, plumbing and electricity. Its prime location offers walking access to campus, public transit, restaurants and more. A turnkey opportunity with strong ROI potential. *Bank letter or proof of funds are required prior to showings*
Last checked:
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Last updated Feb 18, 2025
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MLS# PR9111798 —
The Building
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Year Built:1950
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New Construction:false
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Construction Materials:Concrete
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Roof:Concrete
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Foundation Details:Concrete Perimeter
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# of Buildings:1
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Building Area Units:Square Feet
Interior
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Interior Features:Kitchen/Family Room Combo
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Fireplace:false
Room Dimensions
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Living Area:3250
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Living Area Units:Square Feet
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Living Area Source:Owner
Location
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Directions:From highway 52 take Avenida Jesus T. Pinero towards the East, then take a right to Avenida Muñoz Rivera until you hit Avenida Universitaria until you see Calle Madrid in your right hand side. Once you're in the street, the house is number 995 to the left hand side.
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Latitude:18.401882
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Longitude:-66.054028
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Coordinates:-66.054028, 18.401882
The Property
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Parcel Number:08700245309001
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Size Acres:278.22
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Lot Size Area:3250
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Lot Size SqFt:3250
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Lot Size Units:Square Feet
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Total Acres:200 to less than 500
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Zoning:R-1
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View:false
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Exterior Features:Balcony
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Water Source:Public
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Road Surface Type:Paved
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Flood Zone Code:X
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Additional Parcels:false
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Land Lease:true
Listing Agent
- Contact info:
- Agent phone:
- (787) 398-0522
- Office phone:
- (787) 398-0522
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/PR9111798
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Special Listing Conditions:None
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Wall/Window Unit(s)
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Subdivision Name:URB HYDE PARK
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:true
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Carport Spaces:2
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Covered Spaces:4
Extra Units
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# of Units Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/17/25
Feb 17, 2025
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Listed / Active | STELLAR_MLS | $649,000 | |
|
8/1/24
Aug 1, 2024
|
Sold | STELLAR_MLS |
