Magnificent Colonial Property in beautiful Old San Juan, Puerto Rico!
Multifamily mansion located in Cruz Street, one of the most exclusive streets in the Old San Juan Historic District, is nestled in a 356 square meter lot and boasts 4,050 square foot with potential for expansion. Consists of 4 income producing independent units, three 2- bedroom apartments and 1 studio, offering the convenience and flexibility of living part of the house and renting the other or developing an attractive business since it has a C-3 commercial zoning.
Restored to the 19th century era, this unique colonial residence has many interior courtyards, large open patios, sun deck and roof top terraces overlooking the Old City. Constructed circa 1804 as the home of a high-ranking Spanish officer, this “Casona” has been carefully restored keeping many of the original “ausubo” iron beams, traditional semicircular “soles truncos”, and ironwork. All units have kitchens, living and dining rooms, satellite TV, and Internet. They are completely furnished and fully equipped with appliances and new a/c inverters.
Additional features include large windows and doors that provide excellent cross ventilation and allow the flow of natural light, high 16-18’ceilings, exposed, rich in texture original brick walls, 250 gals. water tank, and underground cistern ("aljibe").
This property enjoys government tax incentives through local tax-free statutes.
Conveniently located walking distance to restaurants, art galleries, museums, shops and other major attractions.