CANAAN LANE New Providence/Paradise Island

    $ 375,000.00

    • MLS #: 52820
    • Type:
    • Status:
    • Title of Property: 3 MULTIFAMBUILDINGS
    • Location: Other New Providence/Nassau
    • Island: New Providence/Paradise Island
    • Bedrooms: 8
    • Bathrooms: 8
    • Lot size: 6090 sq ft
    • Lot Number: 1
    • Area: 7092 sq ft
    • Block: 1
    • Construction: Concrete Block
    • Total Finished Floor Area: 7092

    Description

    3 fully rented 2 story multifamily apartment buildings / complex represented by 8 apartment units: 6 – 2 beds 1 bath 2 – 1 bed 1 bath Rents vary. Tenants have resided long term. Rental income generates a return on investment of 8.7% annually. A very real rate that rarely comes by. The complex sits on a 6,090 sq ft lot in Canaan Lane just off of Shirley St. Cannan Lane intersects Shirley St on the corner where Nassau Motors displays some of its vehicles for sale.

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    Property Features

    • Amenities: None
    • Style: Multi-Family Lot
    • Exterior Finish: Finished Concrete
    • Sewer: Septic - Yes
    • Water: City
    • Roof: Asphalt Shingle
    • Foundation: Yes
    • Air conditioning (Condo): Window unit(s)
    • Assessment Includes (Condo): No Fee
    • Parking Type: Open

    Miscellaneous

    • Legal Description: 3 MULTIFAMILY APARTMENT BUILDINGS IN CANAAN LANE APPROXIMATELY 375 FEET SOUTH OF SHIRTLEY ST

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    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