51 Margarita, San Juan, PR 00925
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: enjolie hernandez
Office: signature real estate llc.
MLS#:PR9123776
Source:MFRMLS
Price summary
- Price:$630,000
- Price per sq. ft.:$116.69
About this home
Exceptional opportunity to acquire an income-producing multifamily property in Santa Rita, Rio Piedras, near the University of PR and the nearby businesses, restaurants and service transportation amenities that makes this area a consistent rental destination for students, university visitors, professionals and short- and long-term occupants. Situated on an oversized corner lot of 4,251 sq.ft., the property features a distinctive Spanish-inspired architectural character with a total living area of 3,853 sq. ft., across 3 independent residential units combining 11 bedrooms and 7 bathrooms, providing an attractive combination of size, rental flexibility, and multiple potential income streams. UNIT 1: a spacious 5BR/3BA residence with covered terrace and private plunge pool, used as short-term rental perfect for serving large groups. UNIT 2: a substantial 5BR/3BA residence currently rented long-term to students. UNIT 3: an independent 1BR/1BA apartment currently used as a short-term rental and well suited for individual travelers and couples, visiting professionals. Additional property features include a dedicated laundry area, solar energy systems, water cistern and gas installation adding resiliency to its rental operations. The property stands out for its generous bedrooms and living spaces, high ceilings, comfortable layouts, terraces, and parking areas on both the north and south sides accommodating approximately 4 vehicles in tandem. The house substantial footprint and flexible layouts provide opportunities to explore additional residential units. Existing second-floor utility rooms and open terrace areas, as well as the large 5BR layouts, may potentially be reconfigured to create more income-producing units, subject to architectural feasibility, permits, zoning and applicable approvals. Tax incentives may apply. Please call now for a private appointment!...
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Home facts
- Year built:1975
- Subdivision & Development:SANTA RITA RIO PIEDRAS
- Listing ID #:PR9123776
- Added:52 day(s) ago
- Updated:October 23, 2026 at 01:13 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:7
- Flooring:Ceramic Tile
- Kitchen Description:Microwave, Range
- Bedroom Description:High Ceilings
- Basement Description:Crawlspace
- Living area:3,853 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
Structure and exterior
- Roof:Concrete
- Year built:1975
- Building area:3,853 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Corner Lot
- Construction Materials:Block, Concrete
- Exterior Features:Balcony, Covered Porch/Patio, Front Porch, Patio
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$630,000
- Price per sq. ft.:$116.69
Features and amenities
- Appliances:Electric Water Heater, Microwave, Range
- Laundry features:Inside
- Amenities:High Ceilings
- Pool features:Above Ground, Private Pool
Parking
- Parking description:Tandem
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