$630,000
 $3,382 est/mo Sourced by Back At You

51 Margarita,SAN JUAN, PR 00925

SAN JUAN, PR 00925

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Description

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!

Details

MLS #PR9123776
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1975
Days On Site37
Listing Provided BySIGNATURE REAL ESTATE LLC | Enjolie Hernandez

Features

Bed(s)11
Bath(s)7
SQ Feet3,853
PoolYes
Story(s)2
ZoningRT5
Acreage0.09
Property ViewCity

Area Information

StatePR
CountySan Juan
CitySAN JUAN
Zip Code00925
Area00925 San Juan
Community NameSANTA RITA RIO PIEDRAS
Listing VS Median (in SANTA RITA RIO PIEDRAS)
Price:
$630,000
low | high
Med:
$630,000
50% of Average
sqft:
3,853
low | high
Med:
3,853
50% of Average
$ / sqft:
$164
low | high
Med:
$164
50% of Average
On site:
37
low | high
Med:
37
100% of Average
Sourced by Back At You

Market Activity 00925

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 8, 2026 at 1:31:54 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StatePR
CountySan Juan
CitySAN JUAN
Zip Code00925
Area00925 San Juan
Community NameSANTA RITA RIO PIEDRAS
Listing VS Median (in SANTA RITA RIO PIEDRAS)
Price:
$630,000
low | high
Med:
$630,000
50% of Average
sqft:
3,853
low | high
Med:
3,853
50% of Average
$ / sqft:
$164
low | high
Med:
$164
50% of Average
On site:
37
low | high
Med:
37
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $472K - $787K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1002 MADRID STREET Property Photo 1
$650,000
1002 Madrid Street
San Juan, PR 00925
Listing Updated: September 29, 2026 at 4:54:50 AM PDT