For Sale
$3,000,000

413 Calle Del Sol Old San Juan, PA 00901

Historic Old San Juan investment opportunity. High-yield potential.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 8,207 square foot building in Old San Juan, Pennsylvania, presents a unique investment opportunity. The property, located at 413 Calle del Sol, features twelve (1/1) units currently operating as short-term rentals, providing immediate revenue generation. Each unit boasts independent electrical and water meters, optimizing operational efficiency and simplifying management. The property is zoned R-6, offering versatility for future development. The prime location within the historic Old San Juan district ensures high occupancy rates and proximity to numerous tourist attractions and amenities. The APN is 022-093-010-06-001. This turnkey operation is ideal for hospitality or economy investors seeking a high-return investment in a thriving tourist destination. The asking price is $3,000,000. The property's current configuration as short-term rentals provides a strong foundation for continued income, while the R-6 zoning allows for a range of future development possibilities, including potential conversion to individual condominium units. This presents a rare chance to acquire a well-established, income-producing asset in a highly desirable location.

Highlights

  • 12-unit, 22,093 square foot building.
  • R-6 zoning allows diverse investment options.
  • Currently operating as short-term rentals.
  • Individualized billing with 12 electric meters.
  • 12 water meters for efficient utility management.
  • Prime location in Old San Juan's historic district.

Property Details for 413 Calle Del Sol

Property type
Hospitality properties
Square Feet
8,207 SF

Location Insight

City
Old San Juan
County
San Juan Municipio
State
Pennsylvania

FAQs

What type of property is this?
Hospitality property - Historic Old San Juan investment opportunity. High-yield potential.
Where is the hospitality property located?
The property is located at 413 Calle Del Sol Old San Juan, PA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 12-unit, 22,093 square foot building.; R-6 zoning allows diverse investment options.; Currently operating as short-term rentals.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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413 Calle Del Sol
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