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.

Explore the Area

Address: CALLE DE SAN SEBASTIAN 259 & 261
City: Saint John
Zip/Postal Code: 00901

Schools

Restaurants

Hospitals

Groceries

Pharmacies

Malls/Stores

Propiedades vendidas cerca

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1206 Magdalena Avenue $3,300,000
303 VILLAMIL UNIT 1904 $835,000
25 MUNOZ RIVERA AVENUE UNIT 413 $1,350,000
354 FORTRESS $2,350,000
85 CERVANTES STREET UNIT 10 $2,550,000
TORRE DEL MAR ASHFORD AVENUE UNIT 1104 $470,000
1351 MAGDALENA UNIT PH $5,200,000

Details

Updated on July 29, 2026 at 6:49 pm

Property ID684793

Price $5,000,000

Land Area5285 ft²

Bedrooms12

Year Built1921

Property TypeMultifamily

Property StatusBuy

Días en el mercado60

Features

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Data last updated 06/01/2026