205 TETUAN ST, San Juan, PR 00901
205 TETUAN ST, San Juan, PR 00901
205 TETUAN ST, San Juan, PR 00901
205 TETUAN ST, San Juan, PR 00901
205 TETUAN ST, San Juan, PR 00901
205 TETUAN ST, San Juan, PR 00901
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$ 2,850,000
Est. payment | /mo

10,046 SqFt


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$ 2,850,000
Est. payment | /mo
Save

10,046 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 10,046 sqft

Price per Sqft $283

Subdivision Old San Juan

MLS Listing ID PR9119678

HOA Y/N No

Year Built 1847

Annual Tax Amount $3,636

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property 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.

Location

State PR

County San Juan

Community Old San Juan

Area 00901 - San Juan

Zoning M

Interior

Interior Features Accessibility Features, Elevator

Heating None

Cooling None

Fireplace false

Laundry Other

Exterior

Exterior Feature Balcony

Utilities Available Electricity Connected, Public

View Y/N Yes

View Water

Roof Type Concrete

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

Stellar MLS
Listed by Paula Lapciuc PUERTO RICO SOTHEBY'S INT. REALTY

Schools and Properties Nearby

Take a Closer Look

205 TETUAN ST

My daughter and I decided to move to Summerville, SC from Kansas last year. We flew out to SC for a few days to look around and at this time, I didn't have a realtor yet. By chance, we stopped at an open house and met Angie!!! She was so nice and easy to talk with, almost like we had known each other for years! The next month, we flew back out and Angie had the day lined up with showings. She was great on pointing out the positives/negatives of each house. She wanted us to feel comfortable about our new home. Angie was extremely helpful with our long distance move. She was always available to answer any questions. We definitely made the right decision on Angie being our realtor!!! DeeAnna

DeeAnna McClendon

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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