Basics
Title of Property Investment Complex | Location Cowpen Road | Island New Providence/Paradise Island | Lot Number 16 |
Multi-Family Apartment | Category Commercial | Commercial Retail | Type Business w/Bldg & Land |
Status For Sale Only | Area 3200 sq ft | Lot size 5008 sq ft | Year built 2004 |
MLS ID 58208 |
Description
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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!
Miscellaneous
- Legal Description: Parcel B Lot 16 Located Northern Side of Cowpen Road 5,008 Sq. Ft