$345,000
306 NE 23RD
SAN JUAN, PR, 00920
Three-unit multifamily in centrally located Puerto Nuevo. Property breakdown: First Floor Front: 4 beds / 2 baths / Second Floor: 4 beds / 2 baths (currently rented month-to-month for $1200/mo) / First Floor Rear Studio: 1 bed / 1 bath / All units are spacious and functional, with strong rental demand in the area. Combined potential rental income of ~$3,000/month as-is, with upside through light upgrades or conversion to student housing or co-living. Located just minutes from Plaza Las Américas, UPR, Hato Rey financial district, and quick highway access. Strong long-term tenant pool from students, hospital staff, and government workers. Great for investors looking for a cash-flowing asset and value-add potential. Monthly Costs (Estimates): Water & Power: Variable by usage / tenant-paid / Annual Costs (Estimates): CRIM: ~$1,700/Year Insurance: TBD based on coverage / Pre-qualification required for showings.
Property Details
Price:
$345,000
MLS #:
PR9114771
Status:
Active
Beds:
9
Baths:
5
Address:
306 NE 23RD
Type:
Multi Family
Subtype:
Triplex
Subdivision:
PUERTO NUEVO
Neighborhood:
00920 – San Juan
City:
SAN JUAN
Listed Date:
Jul 10, 2025
State:
PR
Finished Sq Ft:
3,000
Total Sq Ft:
3,000
ZIP:
00920
Lot Size:
2,712 sqft / 0.06 acres (approx)
Year Built:
1990
Units:
3
Schools
Interior
Cooling
Other
Heating
None
Laundry Features
Other
Exterior
Construction Materials
Concrete
Exterior Features
Other
Roof
Concrete
Financial
Mortgage Calculator
Map
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