14 FARRINGTON ROAD & SAMUEL New Providence/Paradise Island

$799,000

Basics

Location Chippingham Island New Providence/Paradise Island Half Bathrooms 0 Lot Number 0
Lot Width 66 Lot Depth 228 Lot Shape Rectangular Construction Concrete Block
Category SqFt Total Lower Floor 4950 SqFt Total 1st Floor 4950 Total Finished Floor Area 9900
Type Status Bedrooms 14 beds Bathrooms 14 baths
Area 9900 sq ft Lot size 15544 sq ft Year built 2001 MLS ID 58161

Description

  • 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.

Property Features

  • Amenities: Cable,Unfurnished
  • Style: Multi-Family Lot
  • Exterior Finish: Finished Concrete
  • Sewer: Septic - Yes
  • Water: City
  • Laundry: Shared
  • Road: Street
  • Roof: Asphalt Shingle
  • Foundation: Yes
  • Air conditioning (Condo): Split
  • Assessment Includes (Condo): No Fee
  • Parking Type: Multiple C/P

Miscellaneous

Location

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This property is shown courtesy of The Bahamas MLS.
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer’s personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.

This style property is located in is currently and has been listed on Wateredge Bahamas. This property is listed at $799,000. It has 14 beds bedrooms, 14 baths bathrooms, and is 9900 sq ft. The property was built in 2001 year.

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