KOOL ACRES New Providence/Paradise Island

$525,000

Basics

Title of Property Nassau Triplex Location Fox Hill Island New Providence/Paradise Island Lot Number 10
Construction Concrete Block Category Total Finished Floor Area 2907 Type
Status Bedrooms 7 beds Bathrooms 4 baths Area 2907 sq ft
Lot size 8835 sq ft MLS ID 67756

Description

  • Description:

    Discover a prime investment in the Kool Meadows community, just off Joe Farrington Road. This turnkey, fully occupied fourplex offers immediate cash flow with 100% occupancy and a steady $50,400 annual rental income, delivering a strong 9.6% gross yield based on the asking price. Perfectly suited for both seasoned investors and first-time buyers, this property is in excellent condition and requires minimal upkeep. The quiet, family-friendly neighborhood ensures strong, stable rental demand, with easy access to shopping, major roadways, and top public and private schools making it a magnet for long-term tenants. A standout feature is the value-add potential current rents are below market, providing a clear path to increased income and improved returns. With strong tenant demand, low vacancy risk, and immediate cash flow, this is a must-see multifamily asset in one of the most consistently rentable areas. Don’t miss your chance to secure a high-performing asset with both immediate returns and long-term growth potential.

Property Features

  • Amenities: None
  • Style: Apartment
  • Exterior Finish: Finished Concrete
  • Sewer: Septic - Yes
  • Water: City
  • Flooring: Ceramic Tile
  • Roof: Asphalt Shingle
  • Foundation: Yes
  • Air conditioning (Condo): Split
  • Assessment Includes (Condo): No Fee
  • Parking Type: Open

Miscellaneous

  • Site Influences: Family Oriented,Low Maint Yard,Shopping Nearby,Road - Paved,Can Be Rented

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 $525,000. It has 7 beds bedrooms, 4 baths bathrooms, and is 2907 sq ft. The property was built in year.

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