Basics
| Location Gladstone Road | Island New Providence/Paradise Island | Lot Number 42 | Construction Concrete Block |
| Category Sixplex | Total Finished Floor Area 3700 | Type Sixplex | Status For Sale Only |
| Bedrooms 4 beds | Bathrooms 3 baths | Area 4000 sq ft | Lot size 25200 sq ft |
| MLS ID 66984 |
Description
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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
- Legal Description: Lot 42 Bellot Road
- Site Influences: Landscaped,Road - Paved