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259 & 261 Calle De San Sebastian

SAN JUAN, PR 00901
  • $5,000,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: PR9119978
UPDATED: 125 min ago
$5,000,000
  • 12
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:
Area:

School Ratings & Info

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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-05-09T23:43:40.403.
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259 & 261 Calle De San Sebastian SAN JUAN, PR 00901

  • Price: $5,000,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 125 min ago
  • MLS #: PR9119978
12
Beds
0
Baths
0
½ Baths
0.12
Acres
1921
Built
Neighborhood:
San Juan Antiguo
County:
San Juan
Area:
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.
Exterior Features

Additional Water Information Unobstructed Atlantic Ocean views with partial views of El Morro and visibility of cruise ships entering and docking in San Juan Bay Carport Yn No Construction Materials BlockBrickConcrete Exterior Features BalconyCourtyardFrench DoorsGardenIrrigation SystemOutdoor KitchenOutdoor ShowerPrivate EntranceSaunaStorage Foundation Details BasementBlockBrick/Mortar Lot Features Historic DistrictStreet One Way Open Parking YN Yes Other Structures Outdoor Kitchen Parking Features On Street Patio And Porch Features DeckPatio Pool Private Yn No Road Frontage Type Street One Way Road Surface Type Brick Roof CementConcrete Spa Features Above Ground Spa YN Yes View CityGardenWater Water Access Yn No Water Body Name ATLANTIC OCEAN Water Extras Yn No Water View Bay/Harbor - PartialGulf/Ocean - Full Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Formal Dining Room SeparateFormal Living Room SeparateGreat RoomLoft Appliances Built-In OvenConvection OvenCooktopDishwasherDryerElectric Water HeaterExhaust FanFreezerIce MakerKitchen Reverse Osmosis SystemMicrowaveRangeRange HoodRefrigeratorSolar Hot WaterSolar Hot Water OwnedWasherWater Filtration SystemWater PurifierWater SoftenerWhole House R.O. System Basement Bath/StubbedFinishedOther Cooling Mini-Split Unit(s) Cooling YN Yes Fireplace Yn No Flooring GraniteMarbleOther Furnished Furnished Heating Other Heating YN Yes Interior Features Ceiling Fan(s)High CeilingsSaunaSmart HomeSolid Surface CountersVaulted Ceiling(s)Walk-In Closet(s) Laundry Features Common AreaCorridor AccessElectric Dryer HookupIn KitchenInsideLaundry ClosetOtherUpper LevelWasher Hookup Levels Multi/Split Sewer Private Sewer Water Source Public Window Features Double Pane Windows

Property Features

Annual Net Income 301000 Association Yn No Down Payment Resource No Flood Zone Code Zone X Garage Yn No Listing Terms CashConventionalTrade New Construction Yn No Ownership Fee Simple Property Attached YN Yes Property Condition Completed Property Sub Type Duplex Realtor Info As-IsCurrently LeasedShort Term Rental Allowed Security Features Fire AlarmSmoke Detector(s) Special Listing Conditions None Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableElectricity AvailableElectricity ConnectedEmergency PowerFire HydrantWater - Multiple MetersWater AvailableWater Connected Zoning RESI


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of SAMANTHA TELVI CARLO: 939-397-5000.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-05-09T23:43:40.403.
 
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