Located in MIRAMAR, the historic tax exempted area of San Juan, this Spanish colonial home offers an excellent opportunity for restoration either as a grand single family residence or to develop a multi-family property of up to 5 units. The home has already an extensive renovation consisting of a brand new complete “Galvalum” roof & other structures. It presently features 3 separate units . The property presently has 3 bedrooms, 4 bathrooms, a spacious living and dining room, 3 additional sitting/family rooms (could be turned easily into the 3 bedrooms it used to have), kitchen, laundry. There are 2 guest rooms in the second and in the third floor with interior connections and exterior independent entrances and their own additional living rooms and kitchens. The garage and driveway accommodate up to 3/4 vehicles. The house lay-out provides the opportunity, with its versatile spaces, to do an array of renovation or transformation projects. The property’s renovation is in process but is currently unfinished. The property includes design and architectural plans with the permits to facilitate the completion of this construction. Also there are additional plans to convert the property to several airbnb apartments if desired. Whether you are looking for a unique home or for an investment project, this large house provides a great opportunity in a prime central location. The property has 3 water and electric meters.