483 Fernando Calder, San Juan, PR 00918

The property is strategically located in Hato Rey urban center near main access roads, hospitals, pharmacies, commercial and main office centers such as “Centro Medico”, “Plaza las Americas” and “La Milla de Oro”. The structure is in not in a flood zone, probably built in the late 1970’s or 1980’ and recently renovated in around 2010. At such time, electrical, plumbing, security windows, doors, metal gates and fences were installed. In 2020 the property roof was water sealed, painted inside-out and provided with led light fixtures, ceiling fans, air conditioning split units in the bedrooms and range/stove and energy star refrigerators. The original floor “terrazo” (hydraulic cement) tiles were preserved, buffed and shined to maintain the historical value of it. The high ceilings and large area of windows are excellent to take advantage of cross natural ventilation and tropical light. The structure is divided in two (2) apartment units which are currently rented to excellent tenants that take good care of the property and divided as such: Unit #1 (front of the property): this unit includes a large kitchen, dining and living room area (open space concept), two bedrooms, each with a sliding door closet and a bathroom. This unit includes split units in each bedroom and a third in the living area. The potential rent is $800 - $900 with the current rental market offer and demand. Unit #2 (front of the property): this unit includes includes a large kitchen and living room (open space concept) area and a bedroom with a split unit, a modern clothe shelf system and a bathroom. The potential rent is $600 - $700 with the current rental market offer and demand. Storage: The rear of the property has a storage area of about 10’ x 10’ made out of concrete, poor was water treated, painted and includes a security door and metal gate.