$5,000,000

259 & 261 CALLE DE SAN SEBASTIAN, San Juan, PR 00901

  • 12 beds |
  • 10 baths
  • Property Icon Duplex
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
March 26, 2026
Data Last Updated:
May 1, 2026 at 12:23PM
Listing Office:
SAMANTHA TELVI CARLO : 939-397-5000
Listing Agent:
Samantha Telvi Carlo : 939-397-5000
MLS ID:
PR9119978
  • General: Ceiling Fans(s)High CeilingsSaunaSmart HomeSolid Surface CountersVaulted Ceiling(s)Walk-In Closet(s)
  • Rooms: Formal Dining Room SeparateFormal Living Room SeparateGreat RoomLoft
  • Appliances: Built-In OvenConvection OvenCooktopDishwasherDryerElectric Water HeaterExhaust FanFreezerIce MakerKitchen Reverse Osmosis SystemMicrowaveRangeRange HoodRefrigeratorSolar Hot WaterWasherWater Filtration SystemWater PurifierWater SoftenerWhole House R.O. System
  • Laundry: Common AreaCorridor AccessElectric Dryer HookupIn KitchenInsideLaundry ClosetOtherUpper LevelWasher Hookup
  • Basement: Bath/StubbedFinishedOther
  • Flooring: GraniteMarbleOther
  • A/C: Mini-Split Unit(s)
  • Heating: Other
  • General: BalconyCourtyardFrench DoorsGardenOutdoor KitchenOutdoor ShowerPrivate EntranceSaunaStorageAbove Ground
  • Other Structures: Outdoor KitchenDeckPatio
  • Parking: On Street
  • Roofing: CementConcrete
  • Windows: Double Pane Windows
  • General: BlockBrickConcreteMulti/SplitBasementBlockBrick/Mortar
  • Road/Access: Brick
  • Originating MLS: Stellar MLS
  • County: San Juan
  • Zoning: RESIURBANA: Solar radicado en la Ciudad de San JuanPuerto Ricosituado en la Calle San Sebastiáncon estructura existente y colindancias según Registro de la Propiedad. Incluye dos propiedades identificadas como Property A y Property B.022-092-007-22-001
  • View: CityGardenWater
  • Utilities: BB/HS Internet AvailableElectricity AvailableElectricity ConnectedEmergency PowerFire HydrantWater - Multiple MetersWater AvailableWater Connected
  • Water: Public
  • Sewer: Private Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Samantha Telvi Carlo , SAMANTHA TELVI CARLO

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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