Historic Duplex Income
508 AVE. SAGRADO CORAZON San Juan, PR 00915
For Sale
$810,000
MULTI_FAMILY - SAN JUAN, PR
Property Size3,341 SF
Lot Size0.13 Acres
Price / SF$242.44
Days on Market184
Property Features for 508 AVE. SAGRADO CORAZON
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- ZU
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Dining Room, Laundry Room, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 3
- Interior features
- Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo
- Exterior features
- Garden, Private Entrance, Private Yard
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 041-081-424-14
- Size
- 3,341 SF
- Lot size
- 0.13 Acres
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Number of units
- 1
- Building materials
- Concrete
Listing Agency:
MOSAIC REALTY
(787) 398-9950
Listed By:
Maria Ruiz Suau · License #04793
(787) 398-9950
Added: Jan 23
Changed: Jul 20
Last Checked: Jul 26 at 2:06AM
MLS# PR9118609
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.
Investment Insights
Based on property information with market context.
This historic-style duplex residence was built in the 1940s and is sited on an approximately 510-square-meter lot. The property includes an estimated 3,341 square feet of gross living area and offers 7 bedrooms and 4 bathrooms, arranged as 4BD/2BA on the ground level and 3BD/2BA on the upper level. Interior details include high ceilings and original period architectural elements, along with a galley-style kitchen and vintage bathrooms. Additional onsite features include two service rooms, rear patios, an approximately 450-gallon cistern, a backup power generator, and a garage. A driveway provides parking for approximately four vehicles.
Located in the Sagrado Corazon Historic District (not in Old San Juan), the property benefits from a walkable urban setting and proximity to universities, retail, dining, public transportation, and major access routes throughout San Juan.
Shown as a versatile income and living layout, the two-unit configuration supports multiple residential arrangement options, subject to applicable permits and Historic District guidelines.
Located in the Sagrado Corazon Historic District (not in Old San Juan), the property benefits from a walkable urban setting and proximity to universities, retail, dining, public transportation, and major access routes throughout San Juan.
Shown as a versatile income and living layout, the two-unit configuration supports multiple residential arrangement options, subject to applicable permits and Historic District guidelines.
Key Highlights
- Built in 1940 on an approx. 510 sq m lot with an estimated 3,341 sq ft of gross living area
- 7 bedrooms and 4 bathrooms: 4BD/2BA on the ground level and 3BD/2BA on the upper level
- Historic district home with high ceilings and period architectural details
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.1k | $15.30 |
| − Vacancy | −$2.3k | −$0.70 |
| EGI | $48.8k | $14.60 |
| − OpEx | −$14.6k | −$4.38 |
| NOI | $34.2k | $10.22 |
3,341 SF · lease $15.30/SF/yr · vacancy 4.56% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$487.9K
$426.9K – $569.2K
NOI $34,150 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$424.8K
$371.7K – $495.7K
NOI $29,739 @ 7.0% cap · market cap 3.67%
Theoretical Best
Specialty Retail
$817.9K
$715.6K – $954.2K
NOI $57,251 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex residence built in the 1940s with 7 bedrooms, 4 bathrooms, patios, garage, and driveway parking for about four vehicles.
Where is this duplex located?
The property is located at 508 AVE. SAGRADO CORAZON San Juan, PR.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: Built in 1940 on an approx. 510 sq m lot with an estimated 3,341 sq ft of gross living area; 7 bedrooms and 4 bathrooms: 4BD/2BA on the ground level and 3BD/2BA on the upper level; Historic district home with high ceilings and period architectural details
