Three-Unit Residential
Lot B 4 Calle 3 Urbanizacion Magnolia Gardens, San Juan, PR 00956
For Sale
$255,000
Residential, Bayamon, PRI
Property Size2,398 SF
Lot Size0.01 Acres
Price / SF$106.34
Days on Market69
Property Features for Lot B 4 Calle 3 Urbanizacion Magnolia Gardens
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Building Details
Year built
Listing Agency:
KW Puerto Rico
(787) 706-8400
Listed By:
Ivelisse Casillas Aviles
(787) 630-9984
Added: Sep 3
Changed: Nov 6
Last Checked: Nov 10 at 11:06PM
MLS# PRKW1A9C00
Copyright © 2026 Amplia 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 three-unit residential property includes two completed residences and a separate studio unit that remains unfinished. Each completed unit offers three bedrooms, one bathroom, living and dining areas, a kitchen, and laundry space. Unit 2 includes two parking spaces, while Unit 3 also includes two parking spaces. The studio has one bathroom and one parking space.
The property contains approximately 2,398 square feet of construction and was built in 1969. Separate electric metering is provided for each unit, along with one water meter. R-1 zoning is identified for the property. The Bayamon setting places the property near hospitals, public and private schools, supermarkets, restaurants, churches, gas stations, and major local roads.
The property contains approximately 2,398 square feet of construction and was built in 1969. Separate electric metering is provided for each unit, along with one water meter. R-1 zoning is identified for the property. The Bayamon setting places the property near hospitals, public and private schools, supermarkets, restaurants, churches, gas stations, and major local roads.
Key Highlights
- Three independent residential units, including two three‑bedroom residences and one unfinished studio
- Approximately 2,398 square feet of construction
- Unit 2 and Unit 3 each include 3 bedrooms, 1 bathroom, laundry, and 2 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,345
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,900
$426.9K
Cap Rate 7%
$304,929
$304.9K
Cap Rate 9%
$237,167
$237.2K
Market Conditions
NOI Build-Up for 2,398 SF
Gross rent
$40.8K $17.00/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$38.8K $16.18/SF
− OpEx
−$17.5K −$7.28/SF
NOI
$21.3K $8.90/SF
Area
San Juan, PR
Vacancy
4.80%
Lease Rate
$17.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,900
Cap Rate 7%
$304,929
Cap Rate 9%
$237,167
Alternative Uses
Best Use
Multifamily LT 5
$350.2K
$306.4K – $408.5K
NOI $24,511 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$304.9K
$266.8K – $355.8K
NOI $21,345 @ 7.0% cap · market cap 8.37%
Theoretical Best
Specialty Retail
$587.0K
$513.7K – $684.9K
NOI $41,092 @ 7.0% cap · market cap 16.11%
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 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
$134,800
Median Home Value
Market
Average Price Trend$/SF for Triplexes in San Juan County, PR
Properties on Market for Triplexes in San Juan County
Vacancy Rate% for Multifamily in the U.S.
Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with two completed residences and a separate unfinished studio unit.
Where is this triplex located?
The property is located at Lot B 4 Calle 3 Urbanizacion Magnolia Gardens San Juan, PR.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Three independent residential units, including two three‑bedroom residences and one unfinished studio; Approximately 2,398 square feet of construction; Unit 2 and Unit 3 each include 3 bedrooms, 1 bathroom, laundry, and 2 parking spaces
