Basics
| Location Sears Hill Road | Island New Providence/Paradise Island | Lot Number 29 | Block 114 |
| Construction None | Category Lots/Acreage | Total Finished Floor Area 6263 | Type Lots/Acreage |
| Status For Sale Only | Bedrooms 0 beds | Bathrooms 0 baths | Area 6263 sq ft |
| Lot size 6263 sq ft | MLS ID 65853 |
Description
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Description:
Open zoned but best use is multifamily residential. This approximately 6,300 sq ft lot in Canaan Lane is just off of busy Shirley St, which is 50 yards before Nassau Motors, when traveling east. The neighbourhood's infrastructure is in good condition. Average lot size in the area is the same 7,000 sq ft. Area demographics are represented by lower to middle income persons residing in mostly single family residences. Ideal location and priced right to construct a combination of low income 2 bed 2 bath, 2 bed 1 bath or 1 bed 1 bath apartments that can attract high demand monthly affordable rentals ranging between $600 to $1,000 monthly. Construction can be 2 stories. The area is located in close proximity to most modern conveniences such as schools, hospitals, grocery stores, gas stations etc, which are all within walking distance.
Property Features
- Amenities: None
- Style: Other
- Exterior Finish: None
- Sewer: Available
- Water: City
- Roof: Other
- Foundation: No
- Air conditioning (Condo): None
- Assessment Includes (Condo): No Fee
- Parking Type: Open
Miscellaneous
- Legal Description: 6,263 sq ft parcel located on Canaan Lane in between Mount Royal and Sears Rd