Title of Property: Investment Complex
Island: New Providence/Paradise Island
Listed Price: $699,000
Property Type: Business w/Bldg & Land
Business Type: Commercial
Multi-Family: Apartment
SqFt Total: 3200
Business Type: Commercial
Multi-Family: Apartment
SqFt Total: 3200
Currency: BSD
Lot: 16
Lot SqFt: 5008
Year Built: 2004
Lot: 16
Lot SqFt: 5008
Year Built: 2004
Description: Introducing a prime investment opportunity on Cowpen Road Lot 16, this complex features five one-bedroom units (3 upstairs, 2 downstairs) renting at $750 each per month, inclusive of water and individual electricity meters. Additionally, there's a versatile commercial office space ideal for retail or office use, promising further rental income. With potential earnings totaling at least $950 monthly, plus the appeal of enhancing returns with a little interior attention, this property is attractively priced. Positioned for growth in a bustling area, it presents a solid investment for those seeking immediate rental yields and future appreciation. Plus, all units benefit from well water and a gas water heater, ensuring efficient utility management. Don't miss out â seize this opportunity today and call us to make this investment yours!
MLS Number: 58208
Date Modified: 07/31/2024
Listed by: Hideaways Real Estate