259 & 261 Calle De San Sebastian, San Juan, PR 00901
Local realty services provided by:ERA Grizzard Real Estate
Listed by: samantha telvi carlo
Office: samantha telvi carlo
MLS#:PR9119978
Source:MFRMLS
Price summary
- Price:$5,000,000
About this home
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....
Contact an agent
Home facts
- Year built:1921
- Listing ID #:PR9119978
- Added:101 day(s) ago
- Updated:July 06, 2026 at 12:12 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:10
- Flooring:Granite, Marble
- Dining Description:Formal Dining Room
- Kitchen Description:Built-In Oven, Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Solid Surface Counters, Water Filtration System, Water Purifier, Water Softener
- Bedroom Description:High Ceilings, Walk-In Closet(s)
- Basement:Yes
- Basement Description:Basement, Block, Brick/Mortar
Heating and cooling
- Cooling:Mini-Split Unit(s)
Structure and exterior
- Roof:Cement, Concrete
- Year built:1921
- Lot area:0.12 Acres
- Construction Materials:Block, Brick, Concrete
- Exterior Features:Balcony, Courtyard, Deck, Garden, Outdoor Kitchen, Outdoor Shower, Patio
- Foundation Description:Block, Brick/Mortar
- Levels:Multi/Split Story
Utilities
- Water:Public, Water - Multiple Meters, Water Available, Water Connected
- Sewer:Private Sewer
Finances and disclosures
- Price:$5,000,000
Features and amenities
- Appliances:Built-in Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Irrigation Equipment, 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
- Laundry features:Dryer, Electric Dryer Hookup, In Common Area, In Kitchen, Inside, Laundry Closet, Laundry Upper Level, Washer, Washer Hookup
- Amenities:BB/HS Internet Available, Ceiling Fans(s), Electricity Available, Emergency Power, Fire Hydrant, High Ceilings, Irrigation Equipment, Sauna, Smart Home, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Pool features:Public Pool
Parking
- Parking description:On Street
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