12-Unit Building in Old San Juan

Highlights

• - 022-093-010-06-001 SF building with 12 units
• - Zoned R-6 for versatile investment opportunities
• - All units currently utilized as short-term rentals
• - 12 electrical meters for individualized billing
• - 12 water meters for operational efficiency
• - Prime location in historic Old San Juan
• - Ideal for hospitality and economy investors
• - Potential for immediate revenue generation
• - Proximity to tourist attractions and amenities

Description

Step into a world of investment potential with this exceptional property in the iconic Old San Juan area. An 8,207 SF building housing 12 units (1/1), all currently utilized as short-term rentals, offers a unique opportunity for immediate revenue generation. Boasting independent electrical and water meters on each unit, this property provides operational efficiency perfect to convert into a condominium where apartments can be sold individually. Located in a historic touristic neighborhood and zoned R-6, the stage is set for lucrative ventures in the thriving hospitality sector. Elevate your investment portfolio with the allure of Old San Juan and seize the opportunity that awaits with this remarkable property.

Immerse yourself in the vibrant history and rich culture of Old San Juan, an enticing location for hospitality investors. Calle del Sol is adorned with colonial architecture, captivating cobblestone streets, and steps away from an array of iconic landmarks like El Morro, Castillo San Cristóbal, and Paseo de la Princesa. This bustling enclave offers an eclectic mix of dining, entertainment, and boutique shopping experiences, as well as a dynamic arts and culture scene, making it an irresistible opportunity for savvy investors looking to become a part of Old San Juan's enduring allure.