1-2-3 MARKET STREET New Providence/Paradise Island

$500,000

Basics

Rental Amount 0 Title of Property Freehold Location Englerston Island New Providence/Paradise Island
Lot Number 1-2-3 Lot Width 150 Lot Depth 100 Construction Concrete Block
Floors In Building 2 Category SqFt Total Lower Floor 0 SqFt Total 1st Floor 0
SqFt Total 2nd Floor 0 SqFt Total Other Floor 0 Total Finished Floor Area 5000 Type
Status Bedrooms 7 beds Bathrooms 7 baths Area 15000 sq ft
Lot size 15000 sq ft Year built 1999 MLS ID 58253

Description

  • Description:

    One of a kind income producing property sitting on the main thoroughfare of Market Street and Palmetto Avenue. This mixed used complex consist of two-2 bedroom/1 bathroom apartments; one-1 bedroom/1 bathroom efficiency; one-2 bedroom/1 bathroom house; along with a wash house (housing 50 washer machines and 10 dryers) as well as a church. To the left on the property there is a large office space with one-1 bath that can be used by a Ground Keeper, Building Manager or can be easily converted into a shop of choice. All dwellings are presently occupied and conveniently located in close proximity to schools, restaurants, food stores, public transportation and shopping malls. It is not often that you see a mixed used complex come to market such as this one. The building sits on 3 lots altogether containing a gross area of 15,000 square feet, measuring 50' x 100' each. A great income generator, with some TLC can yield monthly profits averaging $6,000 or more. A very flexible price, call today and invest in your future tomorrow.

Property Features

  • Amenities: Main Level Entry
  • Shared Amenities: Secured Entry,Storage Unit
  • Style: Multi-Family Lot
  • Exterior Finish: Stucco,Finished Concrete
  • Sewer: Connected
  • Water: Drilled Well
  • Laundry: Shared
  • Roof: Asphalt Shingle
  • Foundation: Yes
  • Basement Type: Slab
  • Insulation (Ceiling): Yes
  • Insulation (Walls): Yes
  • Air conditioning (Condo): Other
  • Outdoor Area (Condo): None
  • Covered Parking (Condo): 0
  • Assessment Includes (Condo): No Fee
  • Parking Type: Open

Rooms&Units Description

  • Units In Building: 6
  • Units In Complex: 7
  • Levels per Unit: 0

Miscellaneous

  • Restrictions: Unknown
  • Site Influences: Adult Oriented,Central location,Easy Access,Family Oriented,View - City,Sidewalk,Recreation Nearby,Road - Paved,Can Be Rented,Recreational

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.

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