CAREFREE COURT New Providence/Paradise Island

$1,149,000

Basics

Location Soldier Road Subdivision Garden Hills No. 2 Island New Providence/Paradise Island Lot Number 5
Block D Construction Concrete Block Category Total Finished Floor Area 8000
Type Status Bedrooms 14 beds Bathrooms 10 baths
Area 8705 sq ft Lot size 8000 sq ft Year built 2007 MLS ID 63250

Description

  • Description:

    Centrally Located, Great Income Producing 10-Plex Excellent income-producing multi-family property available in centrally located Garden Hills. This well-maintained investment opportunity features two detached two-story apartment buildings, each offering five fully rented units, comprising four two-bedroom and six one-bedroom apartments, for a total of ten income-generating units. Originally built in 2006, the property was acquired by the current owners in 2016 as an unfinished shell and has since undergone a full-scale refurbishment, including complete electrical rewiring, full re-plumbing, and new roofs on both buildings. Each ground floor spans approximately 3,248 square feet and includes spacious living rooms, dining areas, kitchens, bathrooms, and bedrooms, while the second floor also offers generously sized units with functional layouts. The property has enjoyed consistently high occupancy over the past 5 years, producing a reliable and generous return on investment. This is a turnkey opportunity for any investor looking to expand their rental portfolio.

Property Features

  • Amenities: Garden Area,Fully Fenced,Fully Walled,Impact Windows
  • Style: Colonial
  • Exterior Finish: Finished Concrete
  • Sewer: Connected
  • Water: City
  • Road: Street
  • Roof: Asphalt Shingle
  • Foundation: Yes
  • Air conditioning (Condo): Split
  • Assessment Includes (Condo): No Fee
  • Parking Type: Street,Open

Rooms&Units Description

  • Unit Number: 2

Miscellaneous

  • Site Influences: Central location,Easy Access,Family Oriented,Highway Access,Private Setting,Quiet Area

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.

This style property is located in is currently and has been listed on Wateredge Bahamas. This property is listed at $1,149,000. It has 14 beds bedrooms, 10 baths bathrooms, and is 8705 sq ft. The property was built in 2007 year.

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