Basics
| Location Coral Harbour | Subdivision Boatswain Hill | Island New Providence/Paradise Island | Lot Number 5 |
| Construction Concrete Block | Category Triplex | Total Finished Floor Area 2126 | Type Triplex |
| Status For Sale Only | Bedrooms 5 beds | Bathrooms 3 baths | Area 2126 sq ft |
| Lot size 7130 sq ft | MLS ID 66179 |
Description
-
Description:
Income-Producing Triplex in Desirable Boatswain Hill Located in the highly sought-after Boatswain Hill Subdivision, this income-producing triplex presents an excellent opportunity for investors or buyers looking to generate steady rental income. The property sits on a 7,130 sq. ft. lot and features a 2,126 sq. ft. building comprised of three rental units, all of which are currently occupied, providing immediate cash flow from day one. While the building would benefit from some repairs and general TLC, it offers solid potential for value enhancement and long-term appreciation. With thoughtful updates, an investor can improve rental income and overall property value in this well-established neighborhood. Boatswain Hill is widely regarded as a desirable residential area, conveniently located near shopping plazas, restaurants, schools, and everyday amenities, making it an attractive location for tenants and homeowners alike. Whether you're an experienced investor or looking to expand your real estate portfolio, this property offers a rare opportunity to acquire a fully rented building.
Property Features
- Amenities: Cable
- Style: Apartment
- Exterior Finish: Finished Concrete
- Sewer: None
- Water: City
- Roof: Asphalt Shingle
- Foundation: Yes
- Air conditioning (Condo): Split
- Assessment Includes (Condo): No Fee
- Parking Type: Open
Rooms&Units Description
- Units In Complex: 3
Miscellaneous
- Legal Description: Portion of parcel #5 Boatswain Hill Subdivision