Fall in love with the timeless charm and captivating essence of Old San Juan in this stunning Spanish colonial gem, where historic elegance meets modern opportunity. This beautifully preserved property, certified tax-exempt by the Instituto de Cultura Puertorriqueña (ICP), offers three fully independent units: a cozy 1-bedroom, 1-bath unit, a spacious 2-bedroom, 1-bath unit, and a stunning 2-bedroom, 2-bath penthouse with private terraces and a balcony overlooking the colorful streets. With soaring ceilings, exposed wooden beams, arched windows, and intricate ironwork, every detail celebrates the building’s rich architectural heritage. A lush interior patio creates a peaceful retreat in the heart of the city, while a shared laundry room adds convenience. Currently generating around a 10% CAP rate through short-term rentals, this property is ideal for those seeking a romantic personal haven, a smart income-producing asset, or both—all set within one of the Caribbean’s most enchanting historic districts.

Listing courtesy of JEFFRY ALVAREZ 7876325946



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Last checked: 2025-07-25 10:33 AM EDT