42 BELLOT ROAD New Providence/Paradise Island

$640,000

Basics

Location Gladstone Road Island New Providence/Paradise Island Lot Number 42 Construction Concrete Block
Category Total Finished Floor Area 3700 Type Status
Bedrooms 4 beds Bathrooms 3 baths Area 4000 sq ft Lot size 25200 sq ft
MLS ID 66984

Description

  • Description:

    High-Yield Multi-Family Investment – Bellot Road This is a rare value-add investment opportunity offering strong upside potential on an expansive 25,200 sq. ft. lot in a prime Bellot Road location. The existing structure features approximately 3,700 sq. ft. across two floors, currently configured as a 4-bedroom, 2-bathroom residence, with a large terrace/deck, four parking spaces, and a fully enclosed yard—ideal for future tenant appeal. What truly sets this property apart is the approved expansion potential: Plans are already in place for four (4) two-bedroom apartment units, with construction completed up to foundation level, significantly reducing development time and upfront costs. 💰 Investment Highlights 25,200 sq. ft. lot – ample space for expansion and added value Value-add opportunity – renovate and complete for maximum returns Multi-income potential – main house + 4 additional rental units Strong rental demand area Reduced construction timeline (foundation already completed) Ideal for long-term rental or mixed-use strategy. Call the Agent to view this opportunity.

Property Features

  • Amenities: Main Level Entry,Fully Fenced,Hurricane Windows
  • Style: Multi-Family Lot
  • Exterior Finish: Finished Concrete
  • Sewer: Connected
  • Water: City
  • Roof: Asphalt Shingle
  • Foundation: Yes
  • Air conditioning (Condo): Split
  • Outdoor Area (Condo): Patio,Porch,Fruit Trees
  • Assessment Includes (Condo): No Fee
  • Parking Type: Open

Miscellaneous

  • Site Influences: Landscaped,Road - Paved

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 $640,000. It has 4 beds bedrooms, 3 baths bathrooms, and is 4000 sq ft. The property was built in year.

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