Blocks from Ocean Park beach and only a block away from hip and trendy “Loiza Street”, this multi-unit building, is a great investment opportunity. Featuring 12 units, encompassing both studios and 1-bedroom units, including 12 parking spaces. Presently yielding a $97,000 in annual income through long-term tenants, this investment serves as a testament to stability. However, its allure is further heightened by the promise of future gains. Airbnb gross projections elevate the potential income to an impressive $296,400, unveiling a lucrative avenue for discerning investors.
Strategically positioned near Ocean Park’s vibrant locales, renowned dining establishments, and pristine beaches, the property enjoys a coveted address. The intentional combination of long-term leases and the burgeoning short-term rental market solidifies this investment as a versatile asset in the thriving Ocean Park community.

Listing Agent:Ilia Martinez

Offered By:Ilia Martinez & Associates

Date Added: 12/6/23 at 6:00 am
Last Update: 2/19/24 at 3:07 pm