Duplex With Yard and
24 AVE LAUREL, San Juan, PR 00956
For Sale
$315,000
Residential Income, BAYAMON, PRI
Property Size1,300 SF
Lot Size0.12 Acres
Price / SF$242.31
Days on Market69
Property Features for 24 AVE LAUREL
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Fencing
Subdivision
Directions
Standard status
APN
Size
Lot size
Utilities
Heating system
Water source
Building Details
Year built
Building materials
Listing Agency:
MARES - MANAGEMENT REALTY EXPERT
(939) 287-7097
Listed By:
Mayte Sotomayor Alonso · License #17905
(787) 782-4444
Added: Sep 2
Changed: Nov 6
Last Checked: Nov 9 at 7:06AM
MLS# PR9123918
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,300-square-foot duplex, built in 1970, contains two residential units. One offers three bedrooms and two bathrooms, while the other includes two bedrooms and one bathroom. The property sits on a 0.12-acre lot with a spacious yard, outdoor storage, fencing, and a balcony. Block construction, solid wood cabinets, electric heating, and public water service are included.
Located at 24 Ave Laurel in Bayamon, the property is positioned across from Bayamon Regional Hospital and occupies a corner setting. Its current residential layout supports rental use or an owner-occupied arrangement with a second unit. Potential commercial conversion is subject to applicable permits, zoning regulations, and approvals; the property is identified with X zoning.
Located at 24 Ave Laurel in Bayamon, the property is positioned across from Bayamon Regional Hospital and occupies a corner setting. Its current residential layout supports rental use or an owner-occupied arrangement with a second unit. Potential commercial conversion is subject to applicable permits, zoning regulations, and approvals; the property is identified with X zoning.
Key Highlights
- Two residential units: one with 3 bedrooms and 2 bathrooms, plus one with 2 bedrooms and 1 bathroom
- 1,300 square feet of building area on a 0.12‑acre lot
- Corner property across from Bayamon Regional Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,288
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,760
$265.8K
Cap Rate 7%
$189,829
$189.8K
Cap Rate 9%
$147,644
$147.6K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$19.9K $15.30/SF
− Vacancy
−$907 −$0.70/SF
EGI
$19.0K $14.60/SF
− OpEx
−$5.7K −$4.38/SF
NOI
$13.3K $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%
$265,760
Cap Rate 7%
$189,829
Cap Rate 9%
$147,644
Alternative Uses
Best Use
Multifamily LT 5
$189.8K
$166.1K – $221.5K
NOI $13,288 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$165.3K
$144.7K – $192.9K
NOI $11,572 @ 7.0% cap · market cap 3.67%
Theoretical Best
Specialty Retail
$318.2K
$278.5K – $371.3K
NOI $22,277 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Demographics for 00956, PR
72,353
Population
31,649
Households
2.3
Avg Household Size
45
Median Age
29%
College-Educated
83%
High-School Grad
27.4 sq mi
ZIP Area
2,641
Density / Sq Mi
$28,674
Median Household Income
$21,111
Median Earnings
$645
Median Rent
$134,800
Median Home Value
Market
Vacancy Rate% for Multifamily in the U.S.
Frequently Asked Questions
What type of property is this?
Duplex - Corner duplex across from Bayamon Regional Hospital with a fenced yard, balcony, and separate outdoor storage area.
Where is this duplex located?
The property is located at 24 AVE LAUREL San Juan, PR.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two residential units: one with 3 bedrooms and 2 bathrooms, plus one with 2 bedrooms and 1 bathroom; 1,300 square feet of building area on a 0.12‑acre lot; Corner property across from Bayamon Regional Hospital
