Investment opportunity in the heart of Santa Rita, Río Piedras, just 6 minutes from the University of Puerto Rico and 5 minutes from the Botanical Garden. This fully remodeled multifamily property offers four independent units, making it ideal for student housing, short- or long-term rentals, or general lodging. Units 1 and 2 each offer 4 bedrooms and 2 bathrooms, Unit 3 is a studio apartment, and Unit 4 can serve as an office or flexible studio space. The property includes parking for up to 6 vehicles and a shared laundry area. With its central location and versatile layout, this property is a standout opportunity for investors seeking value and long-term potential in one of San Juan’s most in-demand rental areas.
For sale
$595,000
1002 Calle Madrid Urb Santa Rita, San Juan, PR 00925
8beds
6baths
4,500sqft
Est.:
Quadruplex, Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$132/sqft
$-- HOA
What's special
- 107 days
- on Zillow |
- 2,099 |
- 231 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 04:52pm
Listing Provided by:
Eliezer Torres 832-430-2107,
EXP PUERTO RICO INC. 939-697-6300
Source: Stellar MLS,MLS#: PR9113244
Originating MLS: Puerto Rico

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- None
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Other
- Has fireplace: No
Interior area
- Total interior livable area: 4,500 sqft
Video & virtual tour
Property
Features
- Exterior features: Balcony
Lot
- Size: 3,326 Square Feet
Details
- Parcel number: 08700245214001
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Concrete
- Foundation: Slab
- Roof: Concrete
Condition
- Completed
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: SANTA RITA
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $132/sqft
- Date on market: 4/25/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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