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.
163 days
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20
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2
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Zillow last checked:
Listing updated:
Listed by:
Paula Lapciuc305-989-0748,
PUERTO RICO SOTHEBY'S INT. REALTY787-523-6500
Source: Stellar MLS,MLS#: PR9119678Originating MLS: Puerto Rico
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Heating
None
Cooling
None
Appliances
Laundry: Other
Features
Accessibility Features, Elevator
Has fireplace: No
Interior area
Total interior livable area: 10,046 sqft
Property
Features
Exterior features: Balcony
Has view: Yes
View description: Water, Bay/Harbor - Partial
Has water view: Yes
Water view: Water,Bay/Harbor - Partial
Lot
Size: 2,465 Square Feet
Details
Parcel number: 04000205413000
Zoning: M
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Block, Concrete
Foundation: Slab
Roof: Concrete
Condition
New construction: No
Year built: 1847
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Public