$697,500
211 CALLE TAPIA, SAN JUAN, PR 00911
ActiveProperty details
About this home
Looking to invest in the heart of San Juan? This property currently used a short-term rental brings over $15,000 a month. It is fully renovated four-unit multifamily property is a turnkey asset designed for investors seeking immediate cash flow and strong long-term appreciation potential in one of Puerto Rico's most desirable rental markets. The property consists of FOUR residential units: including three 1-bedroom, 1-bathroom apartments and one spacious 3-bedroom, 2-bathroom unit, providing a versatile unit mix that appeals to a wide range of travelers and tenants. The building is equipped with a 900-gallon water cistern, offering added reliability and convenience for guests and residents. Currently operating as a successful short-term rental property, this investment has been thoughtfully renovated and positioned to capitalize on the area's strong tourism demand. With the potential to generate double-digit returns, this property offers an attractive opportunity for investors looking to acquire a proven income-producing asset with established rental performance. Location is one of the property's greatest strengths. Situated close to the beach and the vibrant Calle Loiza, guests can easily enjoy some of Puerto Rico's best restaurants, cafés, bars, boutique shops, entertainment venues, and nightlife. Its proximity to major attractions, beaches, and the San Juan metropolitan area makes it a highly desirable destination for both short-term visitors and extended-stay guests. Whether you are an experienced investor looking to expand your portfolio or a buyer seeking a fully operational short-term rental business, this property offers the rare combination of location, condition, and income potential. Opportunities like this are increasingly difficult to find in today's market. **Showings are available by appointment only. Buyers must provide a mortgage pre-qualification letter or proof of funds before a showing can be scheduled.**
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR793757814. Listing brokerage: ANGEL J SUSTACHE. Status: Active.
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