Basics
Title of Property RITA'S COTTAGES | Location Joe Farrington Road | Island New Providence/Paradise Island | Lot Number 9 |
Construction Concrete Block | Category Apartment Complex | Total Finished Floor Area 7500 | Type Apartment Complex |
Status For Sale Only | Bedrooms 16 beds | Bathrooms 10 baths | Area 7500 sq ft |
Lot size 23310 sq ft | Year built 1996 | MLS ID 56650 |
Description
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Description:
Introducing a lucrative investment opportunity in the Eastern part of Nassau â a well-positioned ten-plex property located on Joe Farrington Road. Situated on a spacious lot spanning 23,310 square feet, this property boasts a substantial 7,500 square feet building. Comprising 16 bedrooms and 10 bathrooms, the ten-plex offers a mix of six 2-bedroom and 1-bathroom units, along with four 1-bedroom and 1-bathroom units. While the property could benefit from some tender loving care (TLC), it presents an excellent prospect for astute investors seeking to capitalize on the demand for rental properties. With its strategic location and versatile unit configuration, this ten-plex on Joe Farrington Road holds immense potential for those looking to expand their real estate portfolio and generate consistent rental income. Don't miss out on this promising investment opportunity in Nassau's thriving real estate market.
Property Features
- Amenities: Fully Fenced,Furnished,Partial Furnished
- Style: Apartment
- Exterior Finish: Finished Concrete
- Sewer: Septic - Yes
- Water: None
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Assessment Includes (Condo): No Fee
- Parking Type: Open
Miscellaneous
- Legal Description: Lot 9, Joe Farrington Road, Rita's Cottages
- Site Influences: Highway Access,Low Maint Yard,Shopping Nearby,Road - Paved,Can Be Rented