
704 SANCHEZ UNIT 702, SAN JUAN, PR, 00909
Active139 days on marketListed Jun 3, 2026MLS #PR9121780
About this home
704 SANCHEZ UNIT 702
Virtually Staged. Great income-producing multifamily property ideally located in one of Santurce’s most promising and rapidly evolving neighborhoods. Situated on Sánchez Street, just steps from Hospital Pavia Santurce, this turnkey asset offers a rare combination of strong rental potential, ample parking, and a highly desirable central location. The property consists of four residential units, including three fully renovated 1-bedroom, 1-bathroom apartments, each featuring a private kitchen and living area, plus one newly remodeled 2-bedroom, 1-bathroom apartment with laundry area, living room, and dining space. A standout feature is the generous parking configuration, including an enclosed garage for one vehicle, one additional exterior parking space, and four covered parking spaces located on the adjacent lot connected directly to the building through a private entrance with an electric gate. The building is equipped with solar power system and has 3 individual electric and water meters. Conveniently positioned with quick access to PR-22 and Avenida Fernández Juncos, the property is minutes from the area’s major employment centers, universities, healthcare facilities, restaurants, entertainment venues, and cultural attractions. Nearby destinations include Universidad del Sagrado Corazón, Coliseo de PR José Miguel Agrelot, the vibrant districts of Miramar and Santurce, the Puerto Rico Convention Center, and the Distrito T-Mobile. Whether you’re seeking a cash-flowing investment, a short-term rental portfolio, or a long-term rental asset in a high-demand urban market, this property presents an outstanding opportunity with significant upside potential. A rare turnkey investment opportunity in one of San Juan’s most dynamic rental markets. Tax incentives may apply. Call now for a private appointment.
Facts & features
The home at a glance
5
Bedrooms
2,250
Sqft
0.09 ac
Lot size
1
Garage
2000
Year built
Three Or More
Levels
$231
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$3,928 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,928/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Melilla
Melilla — neighborhood snapshot
Population
428
Median age
46
Median income
$8,560
Median home value
$168,800
Avg household
2
Households w/ children
42%
The numbers that matter
The SAN JUAN 00909 market
This home is listed 11% above the SAN JUAN 00909 median.
Paper trail
This home's history
Reality check
What actually sold near 704 SANCHEZ UNIT 702
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$250,000
CALLE BENITEZ CASTAÑO UNIT 131 · same community
3 bd · 1 ba · 2,000 sqft · $125/sqft · 0 DOM
Sold · May ’26$360,000
Bouret Street SANTURCE UNIT 502 · same community
3 bd · 2 ba · 1,500 sqft · $240/sqft · 1 DOM
Sold · Aug ’26$289,000
1617 SAN MATEO UNIT 5 · same community
2 bd · 1 ba · 1,204 sqft · $240/sqft · 11 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 704 SANCHEZ UNIT 702 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 704 SANCHEZ UNIT 702 — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
704 SANCHEZ UNIT 702 FAQs
What would the monthly payment be for 704 SANCHEZ UNIT 702?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,928/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 704 SANCHEZ UNIT 702?+
The listing reports pets: Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in SAN JUAN 00909?+
At $520,000, this home is listed about 11% above the SAN JUAN 00909 median of $470,000. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of SIGNATURE REAL ESTATE LLC · Enjolie Hernandez. MLS #PR9121780.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.


