205 TETUAN STREET

Residential Income

$2,850,000

Property ID:

None

Year Built

1847

Area

10046 Square Feet

Lot Size

0.06 Square Feet

Description

Located on the historic financial district of Old San Juan, 205 Calle Tetuan represents a rare and highly compelling investment opportunity in one of Puerto Rico’s most supply-constrained markets. This 8-unit multi-family property is comprised of two 2-bedroom units, four 1-bedroom units, and two studio apartments, offering a versatile unit mix ideally suited for short-term rentals, long-term leasing, or a hybrid strategy. The property enjoys charming city views throughout, with notable views of the San Juan Bay, particularly from the top floors and rooftop. A key highlight of this offering is its value-add and customization potential. The property can be finished and designed to a buyer’s specific vision, making it especially attractive for investors seeking to elevate the asset into a boutique short-term rental concept. The rooftop level offers additional upside, with the potential to be reimagined as a lounge or entertainment terrace and the possibility of creating additional units, subject to permits, maximizing both views and revenue potential. Surrounded by Old San Juan’s iconic architecture, waterfront promenades, dining, galleries, and cultural landmarks, 205 Calle Tetuan stands at the intersection of history, lifestyle, and income potential, an exceptional opportunity to create a high-performing asset in one of the Caribbean’s most enduring destinations.

Additional Details

Laundry Features: Other
Cooling: None
Street Number: 205
Directions: Head toward Av. Hipodromo, continue to follow Av. Juan Ponce de Leon/PR-25. Turn left onto Av. Manuel Fernandez Juncos/PR-1 N. Continue to follow PR-1 N, turn right onto C. Marina/PR-1 N. C. Marina/PR-1 N turns right and becomes Ca. de la Tanca. Turn left onto C. del Recinto Sur. Turn right at the 2nd cross street onto C. Tizol. Turn right onto C. Tetuan, destination will be on the left.
Water View: Bay/Harbor - Partial
Listing Id: PR9119678
List Office Name: PUERTO RICO SOTHEBY'S INT. REALTY
List Agent Full Name: Paula Lapciuc
Foundation Details: Slab
View: Water
List Agent MLS Id: 743511136
List Office MLS Id: 743580117
Lot Size Area: 2465
Street Name: TETUAN
Utilities: Electricity Connected, Public
Lot Size Square Feet: 2465