259 & 261 Calle De San Sebastian, San Juan, PR 00901
- $5,000,000
- 12
- BD
- 10
- BA
- List Price
- $5,000,000
- Status
- Active
- Days on Market
- 124
- Price Change
- ▼ $500,000 1776798051
- MLS#
- PR9119978
- Property Style
- Duplex
- Year Built
- 1921
- Bedrooms
- 12
- Bathrooms
- 10
- Lot Size
- 5,285
- Acres
- 0.12
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- San Juan Antiguo
- MLS Area Major
- San Juan
Property Description
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.
Additional Information
- Annual Gross Income
- 400000
- Location
- Historic District, Street One Way
- Community Features
- No Deed Restriction
- Property Description
- Split Level, Attached
- Zoning
- RESI
- Interior Layout
- Ceiling Fans(s), High Ceilings, Sauna, Smart Home, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), High Ceilings, Sauna, Smart Home, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Floor
- Granite, Marble, Other
- 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
- Utilities
- BB/HS Internet Available, Electricity Available, Electricity Connected, Emergency Power, Fire Hydrant, Water - Multiple Meters, Water Available, Water Connected
- Heating
- Other
- Air Conditioning
- Mini-Split Unit(s)
- Exterior Construction
- Block, Brick, Concrete
- Exterior Features
- Balcony, Courtyard, French Doors, Garden, Outdoor Kitchen, Outdoor Shower, Private Entrance, Sauna, Storage
- Roof
- Cement, Concrete
- Foundation
- Basement, Block, Brick/Mortar
- Pool
- No Pool
- Garage Features
- On Street
- Water Name
- Atlantic Ocean
- Water View
- Bay/Harbor - Partial, Gulf/Ocean - Full
- Flood Zone Code
- Zone X
- Parcel ID
- 022-092-007-22-001
- 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.
Listing courtesy of SAMANTHA TELVI CARLO. 939-397-5000
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