Basics
Location Fire Trail Road | Island New Providence/Paradise Island | Lot Number 1 | Lot Width 66 |
Lot Depth 187 | Lot Shape Rectangular | Business Type Retail | Business Name Park View Mini Mart |
Multi-Family Apartment | Industrial Light | Category Commercial | Commercial Retail |
Type Building and Land | Status For Sale Only | Area 4117 sq ft | Lot size 12719 sq ft |
Year built 1998 | MLS ID 58521 |
Description
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Description:
This versatile property comprises two 2-story apartment complexes with a total of 17 units, offering a mix of residential and commercial spaces that cater to a variety of tenants. Secure rental income from day one with a mix of occupied and available units, including a fully operational convenience store that adds an additional stream of revenue. Building 1 features eleven 1-bedroom, 1-bathroom efficiency units with approximately 90 sq. ft. of bedroom space each, one full 1-bedroom, 1-bathroom unit, and the convenience store. Building 2 contains two full-sized 1-bedroom, 1-bathroom units with approximately 100 sq. ft. of bedroom space each, and four 1-bedroom, 1-bathroom units. Originally designed for 1-bedroom units, the layout has been adjusted to increase revenue but can be easily reconverted to the original design or customized for style and functionality. This property is in need of repair and tlc to reach its full potential. Ideal for investment rentals or adaptable for use as a school or retail space. Motivated seller eager for a quick sale. Call us, let's negotiate.
Miscellaneous
- Legal Description: Lot 1 along Fire Trail Road containing parcel 125A & 125B