207 San Francisco Viejo San Juan (San Juan, Puerto Rico, US - 00901) Built

$2,200,000
Mixed-Use, Income-Producing Property

Francisco J. Berríos Carreras

Francisco J. Berríos Carreras Francisco J. Berríos Carreras 787-599-7999 (Cell) Request More Info

  • 100% Historic Tax Exemption Certificate granted by the ICP
  • Type: Multifamily
  • Style: 3 Story "plus rooftop"
  • Bedrooms: 6 "plus 3 "mezzanines""
  • Bathrooms: 4
  • Half Bathrooms: 2 "for the commercial space"
  • Size: 5,907 sq. ft.
  • Development Level: Built
  • Lot Size: 189 sq. m.

Description

Three story, mixed-use commercial and residential historic building. Location, location, location! Just a few steps away from City Hall and Plaza de Armas, and adjacent to “La Cochera” parking garage. State of the art restoration, Spanish colonial structure with high tech lines. The ground floor commercial space is currently subdivided in two, but easily convertible to one large space. Second and third floors have 2 very large residential loft-style apartment units, one per floor, convertible to 4 smaller apartments, two per floor. Easy access via main stairway to rooftop.

First level commercial: 1,775 square feet
Second level residential: 2,173 square feet
Third level residential: 2,239 square feet

Ongoing short-term rental business. Full Tax Exemption Certificate from the Institute of Puerto Rican Culture, which means NO property taxes as well as NO income taxes on rental income. Now available for sale at $2,200,000.

Attachments

Highlights

  • Tax Exemption Certificate granted by the Institute of Puerto Rican Culture
  • 100% Property-Tax Exempt
  • 100% Income-Tax Exempt (on Rental Income)
  • City Gas Connection
  • Turnkey Airbnb Rental Operation
Brokered and Advertised by : Gandia B. Realty
P2#453006987
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Information is deemed to be correct but not guaranteed.