FARRINGTON ROAD New Providence/Paradise Island

$520,000

Basics

Location Chippingham Island New Providence/Paradise Island Lot Number 4 Lot Width 80
Lot Depth 100 Multi-Family Apartment Category Land and Services Public Trans. Nearby,Shopping Nearby,Visual exposure
Type Status Area 4399 sq ft Lot size 8262 sq ft
Year built 1978 MLS ID 65057

Description

  • Description:

    Farrington Road apartment complex now available for sale. Lot 4 Farrington Road is comprised of a 2-storey concrete building with six 1-bedroom units (three up, three down), all with the same layout. Connected by a breezeway is a second 2-storey concrete building with two additional 1-bedroom units. 8 units in total. The building sits on an 8,262 sq. ft. lot with ample room for parking. All of the rough plumbing and electrical circuits, plugs, switches etc. have been installed along with a new roof and windows. However, some cosmetic and cement work is needed, along with finish work. This is a high demand area with very good upside for someone looking for an income property with room to add value. Additionally, the area has commercial enterprise all around therefore the building is suitable for small business ventures, hence the potential rental income can be even greater. The owner will also consider selling the adjacent lot (additional 5,000 sq. ft.) to the investor that purchases the building. Inquire for further details about this fantastic investment opportunity.

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 $520,000. It has bedrooms, bathrooms, and is 4399 sq ft. The property was built in 1978 year.

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