Area: Chippingham
Island: New Providence/Paradise Island
Listed Price: $799,000
Sale or Rent: For Sale Only
Property Type: Apartment Complex
Bedrooms: 14
Baths: 14
Half Bathrooms: 0
SqFt Total: 9900
Construction: Concrete Block
Monthly Assessment: 0
Style: Multi-Family Lot
Exterior Finish: Finished Concrete
Bedrooms: 14
Baths: 14
Half Bathrooms: 0
SqFt Total: 9900
Construction: Concrete Block
Monthly Assessment: 0
Style: Multi-Family Lot
Exterior Finish: Finished Concrete
Currency: BSD
Lot: 0
Lot Depth: 228
Lot Width: 66
Lot Shape: Rectangular
Lot SqFt: 15544
Year Built: 2001
Air Conditioning: Split
Foundation: Yes
Roof: Asphalt Shingle
Lot: 0
Lot Depth: 228
Lot Width: 66
Lot Shape: Rectangular
Lot SqFt: 15544
Year Built: 2001
Air Conditioning: Split
Foundation: Yes
Roof: Asphalt Shingle
SqFt Total 1st Floor: 4,950
Total Finished Floor Area: 9,900
SqFt Total Lower Floor: 4,950
Description: This remarkable two-story apartment complex is located in the heart of Chippingham, offering location close to Arawak Cay, the famous Fish Fry, Junkanoo Beach, and Downtown New Providence. This property is a unique investment opportunity, presenting multiple revenue streams and significant potential for enhancement. Prime Location: Situated in the vibrant central area of Chippingham, residents and guests will enjoy easy access to local attractions and essential services. The complex features a retail store space, and 13 spacious one-bedroom units, each offering 620 sq ft of living space. The 13 one-bedroom units are generously sized and perfect for long-term tenants or short-term guests. With an impressive annual rental income of $103,200, this property ensures a strong and steady return on investment. The location and layout of the complex make it an ideal candidate for conversion into an Airbnb. Imagine the increased income and appeal with with updates and renovations tailored for short-term stays. Capitalize on the booming vacation rental market in Nassau.
Total Finished Floor Area: 9,900
SqFt Total Lower Floor: 4,950
Description: This remarkable two-story apartment complex is located in the heart of Chippingham, offering location close to Arawak Cay, the famous Fish Fry, Junkanoo Beach, and Downtown New Providence. This property is a unique investment opportunity, presenting multiple revenue streams and significant potential for enhancement. Prime Location: Situated in the vibrant central area of Chippingham, residents and guests will enjoy easy access to local attractions and essential services. The complex features a retail store space, and 13 spacious one-bedroom units, each offering 620 sq ft of living space. The 13 one-bedroom units are generously sized and perfect for long-term tenants or short-term guests. With an impressive annual rental income of $103,200, this property ensures a strong and steady return on investment. The location and layout of the complex make it an ideal candidate for conversion into an Airbnb. Imagine the increased income and appeal with with updates and renovations tailored for short-term stays. Capitalize on the booming vacation rental market in Nassau.
MLS Number: 58161
Date Modified: 11/18/2024
Listed by: Hideaways Real Estate