Active

$5,500,000

Features:
  • 120 Bedrooms
  • 100 Bathrooms
  • 0 sq ft
Overview
  • ID: MFRPR9119978
  • Bedrooms: 120
  • Bathrooms: 100
  • Size: 0 sq ft
Property Details
Remarks
Income-producing multifamily property located in Old San Juan on Calle San Sebastián. This 10-unit building offers a combination of historic character, income potential, and a central location within one of Puerto Rico’s most visited areas. The property includes a mix of 4 loft-style units typical of Old San Juan, 2 two-bedroom/one-bath units, and 6 studio units, providing flexibility for various rental strategies. Property features Atlantic Ocean views, partial views of El Morro, and visibility of cruise ships entering San Juan Bay. The property has been approved by the Institute of Culture for a property tax exemption currently in place. It has also been inspected by the Puerto Rico Tourism Company and meets requirements for tourism-related incentives. Buyers are advised to independently verify all incentives, benefits, and transferability. Located near restaurants, attractions, and cultural sites. Suitable for investors interested in income generation, short-term rental operations, or alternative use concepts consistent with local regulations. Multi-unit properties in Old San Juan are limited in availability.
Financial Considerations
Price:
$5,500,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$N/A
Tax Legal Description:
URBANA: Solar radicado en la Ciudad de San Juan, Puerto Rico, situado en la Calle San Sebastián, con estructura existente y colindancias según Registro de la Propiedad. Incluye dos propiedades identificadas como Property A y Property B.
Exterior Features
Lot Size:
5285
Lot Features:
Historic District, Street One Way
Waterfront:
No
Parking Spaces:
N/A
Parking:
On Street
Roof:
Cement, Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
120
Bathrooms:
100
Heating:
Other
Cooling:
Mini-Split Unit(s)
Appliances:
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Solar Hot Water, Washer, Water Filtration System, Water Purifier, Water Softener, Whole House R.O. System
Furnished:
Yes
Floor:
Granite, Marble, Other
Levels:
Multi/Split
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1921
Construction Type:
Block, Brick, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard, French Doors, Garden, Outdoor Kitchen, Outdoor Shower, Private Entrance, Sauna, Storage
Additional Features 2:
N/A
Map
  • Address
    259 & 261 CALLE DE SAN SEBASTIAN
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