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Three-Unit Triplex with Garage

Hato Rey Central, San Juan, PR 00918

For Sale
$385,000

House, Hato Rey Central, San Juan, PR

Property Size2,337 SF
Lot Size0.01 Acres
Price / SF$164.74
Days on Market173

Property Features for Hato Rey Central

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 5
Parking 2
Parking features Garage
Exterior features Quiet Area
Lot features Terrace
Subdivision Roosevelt (Urbanizacion)
Standard status Active
Size 2,337 SF
Lot size 0.01 Acres

Building Details

Year built 1946
Listing Agency: PMI Puerto Rico, Inc
Listed By: Natalia Jimenez
Added: May 22 Changed: Oct 29 Last Checked: Nov 10 at 3:06AM
MLS# 65011

Copyright © 2026 Xposure. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This triplex contains 2,337 square feet across three floors, with one residential unit on each level. Each unit includes two bedrooms and one bathroom, creating a consistent three-unit configuration. The property also includes a garage and was built in 1946.

Positioned on a corner lot in the Roosevelt Urbanization within Hato Rey, the property is located in San Juan, PR 00918. Utility infrastructure includes two electricity meters and one water meter. The compact 0.005-acre parcel supports the existing vertical layout and three-unit arrangement.

Key Highlights

  • Three‑unit triplex with one unit on each of 3 floors
  • Each unit includes 2 bedrooms and 1 bathroom
  • 2,337 square feet of building area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,888
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,760 $477.8K
Cap Rate 7%
$341,257 $341.3K
Cap Rate 9%
$265,422 $265.4K
Market Conditions
NOI Build-Up for 2,337 SF
Gross rent
$35.8K $15.30/SF
− Vacancy
−$1.6K −$0.70/SF
EGI
$34.1K $14.60/SF
− OpEx
−$10.2K −$4.38/SF
NOI
$23.9K $10.22/SF
Area
San Juan, PR
Vacancy
4.56%
Lease Rate
$15.30 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,760
Cap Rate 7%
$341,257
Cap Rate 9%
$265,422

Alternative Uses

Best Use
Multifamily LT 5
$341.3K
$298.6K – $398.1K (±1% cap)
NOI $23,888 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$297.2K
$260.0K – $346.7K (±1% cap)
NOI $20,802 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$572.1K
$500.6K – $667.5K (±1% cap)
NOI $40,047 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Demographics for 00918, PR

17,439
Population
10,830
Households
1.6
Avg Household Size
47
Median Age
60%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,459
Density / Sq Mi
$36,872
Median Household Income
$40,828
Median Earnings
$628
Median Rent
$216,600
Median Home Value

Market

Average Price Trend$/SF for Triplexes in San Juan County, PR

$187 Jul
$197 Aug
$156 Sep
$153 Oct

Properties on Market for Triplexes in San Juan County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Corner multifamily property with garage parking and a three-floor residential layout.
Where is this triplex located?
The property is located at Hato Rey Central San Juan, PR.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Three‑unit triplex with one unit on each of 3 floors; Each unit includes 2 bedrooms and 1 bathroom; 2,337 square feet of building area
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Includes: Price & PSF · Cap rate · Location · Zoning

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