Basics
| Title of Property LOT 16 COWPEN ROAD | Location Cowpen Road | Island New Providence/Paradise Island | Lot Number 16 |
| Multi-Family Apartment | Category Commercial | Commercial Mixed | Type Business w/Bldg & Land |
| Status For Sale Only | Lot size 5008 sq ft | MLS ID 66853 |
Description
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Description:
This versatile commercial building presents a compelling investment opportunity, offering strong rental income potential in a high-demand area. The property comprises five one-bedroom units—three upstairs and two downstairs—each generating $800 per month, inclusive of water. Individual electricity meters for each unit ensure efficient, low-maintenance management. Enhancing its value, the property also features a commercial office space suitable for retail or professional use, creating an additional revenue stream. Altogether, the property produces a minimum monthly income of $5,200, with potential to increase returns through modest interior upgrades. Ideally situated in a thriving location, this investment offers both immediate cash flow and long-term appreciation potential. Utility efficiency is supported by well water and a gas water heater, further appealing to discerning investors. Don’t miss this outstanding opportunity to secure a high-performing commercial asset
Miscellaneous
- Legal Description: Lot 16 Cowpen Road