Basics
Location Mount Royal Avenue | Island New Providence/Paradise Island | Lot Shape Rectangular | Business Name Mt. Airy Apartments |
Multi-Family Apartment | Industrial Light | Category Multi-Family | Commercial Mixed |
Land and Services Public Trans. Nearby,Shopping Nearby,Visual exposure,Adult Oriented | Type Building and Land | Status For Sale Only | Lot size 10500 sq ft |
MLS ID 61941 |
Description
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Description:
Prime Investment Opportunity in a High-Traffic Commercial Area This exceptional investment property, strategically located near key amenities such as shopping areas, attorney and medical offices, the Immigration Office and moments from Shirley Street and offers multiple income generating opportunities. The property features three distinct buildings, each with excellent rental potential: Building 1 includes two ground-level storefronts, perfect for retail or office use, along with a spacious 2-bedroom, 2-bath unit and a 1-bedroom efficiency apartment on the upper floors. Building 2 is a charming single-family home with 2 bedrooms and 1 bathroom. Building 3 is a duplex apartment, with each unit featuring 2 bedrooms and 1 bathroom, offering dual rental income. With some renovations and modern updates, this property presents an incredible opportunity for immediate rental income and long-term appreciation. Don’t miss out on this high potential investment in a prime location!
Miscellaneous
- Legal Description: Mt. Airy Apartment Complex, Mount Royal Avenue