124 CONDADO ST #101 San Juan, PR 00907

Condominium San Gabriel AIRBNB. THIS IS THE BEST DEAL IN CONDADO. ONLY CASH BUYERS
124 Condado Avenue corner of Ribot Street, San Juan, PR 00907.
This apartment is located 5 blocks from Ashford Avenue and the beach, AND THAT IS WHY IT SALES FOR THIS PRICE. This is an up-and-coming area, several AIRBNB are starting to pop up around this area that is much more affordable for investors and offers much better ROI. You are 5 minutes walking distance to Ashford Ave, the beach, and the hotels.
The apartment has been rented solid since we started renting 5 months ago. The owners are buying a bigger property and have decided to sell this one. The unit has been renting for $99 to $165 per night in COVID 19 times. That's a good deal for renters and for owners, and we believe those rates are going to increase dramatically in the near future once vaccination is more advanced and traveling starts again.
This apartment is a perfect investment to generate short-term rental income.
Amazing 3 bedrooms, 2 full bathrooms located 5 blocks walking distance from Condado beach, hotels, and casinos with 965 sqft.
Near the Miramar area and many restaurants, banks, Walmart is 5-10 minutes walking distance from the apartment, making this ideal location for short-term rentals.
This beautiful apartment consists of 3 bedrooms with 2 bathrooms, kitchen, spacious dining and family room, washer and dryer in the kitchen, and a nice covered balcony in the back of the apartment has 965 sqft.
The apartment has one assigned parking space. Each bedroom has its own AC split unit inverter and there is another unit AC inverter in the living room. The apartment is fully AC and is in move-in-ready conditions. Could be sold with or without furniture. It has king size bed in the master bedroom and queen-size beds in bedroom 2, a full-size bed in the third bedroom. Dining table with 4 chairs and a sectional in the living room. The kitchen fully equipped with a refrigerator, stove, microwave, washer, and dryer. All appliances are included in the sale price but the furniture is not included in the sale price. Income-producing property-Ready for Airbnb rentals.
Low HOA $80 per month, Hazard $600 per year, Property Tax $800 per year, 965 sqft. Tax incentives for Act 20/22 investors may apply. The asking price $150,000 no subject to appraisal. Prequalified buyers only with 20% down payment plus closing costs or cash buyers with proof of funds.