Sold for $460,000

$460,000

995 Madrid, San Juan, PR 00925

7beds

6baths

3,250sqft

Multi Family

Built in 1950

-- sqft lot

$-- Zestimate^®

$142/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

Security windowsModern kitchensUpdated bathroomsNew flooringPlumbing and electricity

Income-Generating Multi-Family Property for Sale. This remodeled property located in the heart of Rio Piedras' university neighborhood features six apartments actually generating a substantial income of $4,800 with the potential of reaching $5,200+ in tax-free monthly rental earnings. It includes five one-bedroom units and one two-bedroom unit. 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*

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Heating

None

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Gas Dryer Hookup, Inside, Outside, Washer Hookup

Features

Kitchen/Family Room Combo, Living Room/Dining Room Combo
Has fireplace: No

Interior area

Total interior livable area: 3,250 sqft

Property

Parking

Total spaces: 4
Parking features: Garage - Attached, Carport
Attached garage spaces: 2
Carport spaces: 2
Covered spaces: 4

Features

Exterior features: Balcony

Lot

Size: 3,250 sqft

Details

Parcel number: 08700245309001
Zoning: R-1
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Concrete
Foundation: Concrete Perimeter
Roof: Concrete

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Water Available

Community & neighborhood

Location

Region: San Juan
Subdivision: URB HYDE PARK

HOA & financial

HOA

Has HOA: No

Other fees

Pet fee: $0 monthly

Other financial information

Total actual rent: 0

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
5/3/2025	Sold	$460,000-16.2%$142/sqft
Source: Stellar MLS #PR9111798 Report a problem
3/20/2025	Pending sale	$549,000$169/sqft
Source: Stellar MLS #PR9111798 Report a problem
3/12/2025	Price change	$549,000-8.3%$169/sqft
Source: Stellar MLS #PR9111798 Report a problem
3/3/2025	Price change	$599,000-7.7%$184/sqft
Source: Stellar MLS #PR9111798 Report a problem
2/17/2025	Listed for sale	$649,000$200/sqft
Source: Stellar MLS #PR9111798 Report a problem
8/2/2024	Listing removed	--
Source: Stellar MLS #PR9106805 Report a problem
6/8/2024	Listed for rent	$975
Source: Stellar MLS #PR9106805 Report a problem