358 LUNA STREET, SAN JUAN, Residential Income

Property Description

Spanish colonial treasure from the 1800’s with a unique three-unit layout in Old San Juan, the island’s historic district with rich cultural value. This exceptional two-level property with income generating potential showcases striking features throughout, such as eye-catching artwork, exposed wood ceilings with up to approx. 12’7’’ heights and a captivating allure that will transport you into another time. 358 Luna St.’s interior layout spans approx. 3,209 Sq. Ft. and the outdoor area provides approx. 1,605 Sq. Ft. of additional space. All three units include private fully-equipped kitchens with stainless steel appliances, and water cistern. Each of the apartments also enjoys access to a shared dedicated laundry area and the impressively sized patio with a variety of lush tropical greenery that serve as the perfect backdrop for entertaining or alfresco dining. The first level houses two of the units, one of which features one bedroom and one bathroom, as well as a seating area. The second apartment has two bedrooms and one bathroom, in addition to an in-home gym that can be converted into a living area or flex space. The third unit serves as the building’s penthouse, encompassing the entire second floor. The PH showcases a living room, dining room, designer eat-in kitchen with stone countertops, and two bedrooms. The living room and one of the bedrooms lead out to a balcony with North-facing views of the old city and the dining room connects to a South-facing balcony that overlooks the patio. Both bedrooms are ensuite with wet rooms and the primary includes a 8’7’’ x 6’9’’ walk-in closet. The rare opportunity of using one of the apartments as a main residence and the other two units to host guests or for short/long term rentals to generate income is also conveniently available. Old San Juan is the epicenter of Puerto Rican culture and is dotted with several UNESCO World Heritage Sites. It serves as one of the leading tourist destinations in the Caribbean and its celebrated buildings are renowned for their elegance and historic significance. The area is known for its numerous dining, shopping and nightlife options. Minutes away from Condado Beach and the Miramar Arts Districts. Walk along the cobblestone streets and experience the mesmerizing vibrancy of what we call El Viejo San Juan.