Income-producing 8-unit multifamily property in a prime location just steps from Calle Loíza. With no HOA fees and no short-term rental restrictions, this is an exceptional investment opportunity in one of San Juan’s strongest and most sought-after rental markets.
The property consists of four 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two 3-bedroom/1-bath units, offering 3,553 sqft of living area on a 286 sqm lot. Features include separate entrances, remodeled kitchens, split-unit A/Cs, balconies, laundry areas, a water cistern, portable backup generator, and comes fully furnished and equipped for immediate operation.
Currently operated as a mix of short-term and long-term rentals, with five units active on STR platforms and three units leased long term. The property achieved approximately 85% occupancy and generated $363,500 in gross income during 2025, demonstrating a strong track record and attractive cap rate. Based on current performance trends, 2026 is expected to outperform 2025. Additionally, there is significant upside potential, as converting the remaining long-term rental units to short-term rentals could further increase revenue and overall returns.
Ideally located near beaches, restaurants, nightlife, hotels, parks, pharmacies, shopping, and major attractions. Separate parking lot available. Showings by appointment only and scheduled between guest stays. Proof of funds required prior to showings. Contact the listing agents for additional information.
Property Details
- Interior
- Ceiling Fans(s), Other
- Heating
- Other
- Cooling Features
- Mini-Split Unit(s)
- Bedrooms
- 13
- Bathrooms
- 8.0
- Full Baths
- 8
- Stories
- 2
- Exterior Materials
- Other
- Acres
- 0.06
- Square Feet
- 3553.0
- Property Type
- Purchase
- Year Built
- 2016
- Foundation
- Other
- Roof
- Concrete, Other
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Connected, Water Connected
- Appliances
- Convection Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Subdivision
- SANTURCE NORTE
- Community Features
- Sidewalks
- County
- San Juan
- Region
- SAN JUAN
- Zoning
- ZU-R1
- Original List Price
- $2,199,000
- Days on Market (Cumulative)
- 105
- Ownership
- Fee Simple
- MLS #
- PR9121619
- Property Subtype
- Condo - Hotel
- Parcel Number
- 04105229330001
- MLS #
- PR9121619
- Date Listed
- May 26, 2026
- Address
- 119 SANTA CECILIA
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Del Amo Realty
Provided By
Listed by Adriana Portilla Anasagasti (#MFR743575414)
Listing Office: BLUE WATERS REALTY (#MFR743511446)
