Great investment opportunity to own a multi-residential property zoned as residential-tourism in the highly sought out Ocean Park neighborhood. The main house is a beautiful Mediterranean-style and contemporary home recently remodeled with top-of-the-line materials. This four bedroom, three and a half bath home features marble tile floor all throughout, custom cabinetry, granite counter-tops and stainless steel appliances. First floor bedroom has an en-suite bathroom. All bedroom closets have custom California Closet built-ins. There is an open family room upstairs and a hall bath shared with two good-sized bedrooms. The master suite features vaulted ceilings, walk-in closet, and dual sink bathroom vanity with plenty of storage. This house has a roof-top terrace perfect for entertaining. The second unit is a one bed, one bath apartment and it has its own gate and private entry, carport, outdoor terrace, laundry and plenty of storage. Location is unbeatable, just a five minute walk from the beach, very close to Condado and Old San Juan, a ten minute drive to San Juan International Airport, and plenty of restaurants around. The main house and the apartment have been long term rentals for years with a very small vacancy rate. A more lucrative and flexible option is to rent it short-term through Airbnb or other rental services. Similar houses in the area rent for around $500-$600 per night, and 1 bed/1 bath apartments for $100 per night. The main house can easily accommodate 8-10 people, and the apartment 1-2 people. Don't miss out on this opportunity for positive cash-flow!
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