1127 Piccioni Street CORNER, SAN JUAN, PR 00907 | MLS# PR9103184 – Mamba Realty

SAN JUAN, PR 00907 1127 Piccioni Street CORNER

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Presented By: MARIO MCCANN with 787-671-1902. -
  • MLS# PR9103184
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  • Beds • 13
  • Baths • 9
  • SQFT • 5,306

Home Details

### An Investor's Dream: Prime Mixed-Use Multifamily Property in Condado #### Generate Substantial Short-Term Rental Income or Establish Your Commercial Vision Discover the unparalleled charm of Condado through the doors of this meticulously renovated Art Deco multifamily property. Nestled in the heart of this vibrant tourist hub and just steps away from the iconic La Concha Hotel Beach, this hidden gem is ready to become your next income-generating powerhouse. ### Key Features: - **Versatile Usage:** Ideal for short-term rentals, commercial purposes like a Med Spa, Medical Office, Wellness Center, Group Rental Business, or a Guest House. - **Strategic Location:** Situated in a prime area with high foot traffic and tourist appeal. - **Fully Remodeled:** Recently undergone an extensive renovation, ensuring modern comfort while preserving its historic charm. - **Grand Reveal:** Scheduled for the first week of December, perfectly timed to capture peak tourist season interest. ### Property Details: - **Three Distinct Buildings:** A stunning Art Deco architectural masterpiece. - **Seven Apartment Units:** Featuring a total of 14 bedrooms and 9 bathrooms. - **Luxurious Amenities:** Brand-new pool and lush patio area for relaxation and leisure. - **Convenient Parking:** Seven dedicated parking spaces to enhance accessibility. - **Tax Credits:** Take advantage of the 40% tax credits offered by the Department of Tourism for this type of property. Whether you're looking to establish a charming guest house or embark on an Airbnb venture, this investment property holds the key to a lucrative and inviting hospitality business. Seize the opportunity to make your mark in Condado's thriving landscape with this fully renovated Art Deco gem. History meets modern sophistication hereโ€”your ideal investment awaits in the heart of the Condado experience!
Presented By: MARIO MCCANN with 787-671-1902. -

Interior Features for 1127 Piccioni Street CORNER

Bedrooms

Total Bedrooms13

Bathrooms

Total Baths9

Other Interior Features

LivingAreaSourceappraiser
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringterrazzo
Furnished Y/Nfurnished
Heating Y/NYes
Laundry Featureslaundry room, outside
Window Featuresaluminum frames, impact glass/storm windows

General for 1127 Piccioni Street CORNER

Additional Parcels Y/NNo
Additional Roomsstorage rooms
Appliancescooktop, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citysan juan
Construction Materialsconcrete
Coolingmini-split unit(s)
Countysan juan
Directionsfrom la concha hotel on ashford avenue take a left on to magdalena ave nue and then an immediate right on luisa street. you will find the property on the next corner of oiccioni and luisa streets.
Exterior Featurescourtyard, garden, hurricane shutters, outdoor shower, private mailbox, storage
Flood Zone Codeae
Garage Y/NNo
Heatingelectric, propane
Home Owner AssocYes
Interior Featureseating space in kitchen, high ceilings, kitchen/family room combo
Land Lease Y/NNo
Levelstwo
Living Area Unitssquare feet
Lot Size Square Feet
Lot Size Unitsacres
MLS Area00907 - san juan
ModificationTimestamp2024-08-01t02:38:42.240z
New ConstructionNo
NumberOfUnitsTotal7
Other Structuresstorage
Percent Ownershipfee simple
Pool Featuresgunite, in ground, lighting
Possessionclose of escrow
Property Conditioncompleted
Property SubTypetriplex
Property Typeresidential income
Roofcement
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namecondado
Utilitieselectricity available, electricity connected, propane, public, water available, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1959
Zoningr-3

Exterior for 1127 Piccioni Street CORNER

Foundation Detailsconcrete perimeter
Lot Featurescorner lot
Lot Size Acres628.88
Lot Size Area628.88
Number of Buildings3
Parking Featuresground level
Road Surface Typeasphalt
Water Sourcepublic

Additional Details

Price History

Jehad Bader

Broker
Price $3,200,000
MLS#PR9103184
Property Type Income
Get pre-approved
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