19 WALLACE ROAD New Providence/Paradise Island
Full Duplex
$ 275,000.00
- MLS #: 55986
- Type: Full Duplex
- Status: For Sale Only
- Title of Property: Baker Duplex
- Location: Chippingham
- Island: New Providence/Paradise Island
- Bedrooms: 4
- Bathrooms: 2
- Year built: 2004
- Lot size: 5077 sq ft
- Lot Number: 5 A
- Lot Width: 50
- Lot Depth: 102
- Lot Shape: Rectangle
- Area: 1600 sq ft
- Construction: Concrete Block
- Total Finished Floor Area: 1300
Description
This Duplex is situated at 19 Wallace Road. The lot approximates 5,100 sq ft in size. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. The property is represented by: 2 – 2 bedroom 1 bathroom units with a living / Dining Room. There is an unfinished Efficiency that can be completed to generate additional rental income. The 2 finished units are fully leased with reliable tenants. Each unit rents at $800 monthly. Annual rental income is $19,200. Expenses approximate 40% thereof to generate potential net income of $11,520 The building can be expanded to two (2) stories to add another 2 units, which plus the efficiency will represent a total of 5 units to minimally generate $4,000 in monthly rental income.
PDF BrochureProperty Features
- Amenities: Unfurnished
- Style: Apartment
- Exterior Finish: Finished Concrete
- Sewer: Septic - Yes
- Water: City
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Assessment Includes (Condo): No Fee
- Parking Type: Open
Miscellaneous
- Legal Description: Lot 5 A, Wallace Rd, Greater Chippingham Subdivision
View on map / Neighborhood
Disclaimer
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
