Water Views
Address
205 Tetuan Street, SAN JUAN, PR
Price
$ 2,850,000
Property Attributes
  • MLS#PR9119678
  • TypeIncome
  • Listing Status Active
  • CountySan Juan
  • CitySAN JUAN
  • AreaSan Juan
  • NeighborhoodOLD SAN JUAN
  • Zip00901
  • Style
  • Year Built1847
  • Taxes$ 3636
  • Price$ 2,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10046
  • Lot Size0.06 Acres
Data 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.

Price History
3/4/2026 Listed $2,850,000

General Features

Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Connected,Public
Roof Concrete
Zoning M
Construction Materials Block,Concrete
Year Built 1847
View Water
Tax Year 2026
Ownership Fee Simple
County San Juan
New Construction false
Property Type Residential Income
Subdivision Name OLD SAN JUAN
Garage Y/N false
Status Active
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.
City SAN JUAN
Number Of Units Total 8
MLS Area 00901 - San Juan
Lot Size Units Square Feet
Lot Size Square Feet 2465
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 3636.57
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water View Bay/Harbor - Partial
Water Access Y/N false
Water View Y/N true
Flood Zone Code AE

Interior Features

Interior Amenities Accessibility Features,Elevator
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Other
LivingAreaSource Estimated

Exterior Features

Exterior Amenities Balcony
Water Source Public
Lot Size Area 2465
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.06
Road Surface Type Brick
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 00901

Price
AVG $4.02M
$2.85M
Taxes
AVG $5,577
$3,636
Year Built
AVG 1907
1847