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$ 550,000
Est. payment /mo
Active
CARMEN CLOSE SUB. #11 Plex New Providence/Paradise Island
11 Beds
11 Baths
12,358 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,358 sqft
Price per Sqft $44
MLS Listing ID 62733
Style Apartment
Bedrooms 11
Lot Size 0.284 Acres
Property Description
Income-Generating 11-Unit Apartment Complex â Blue Hill Road Area, New Providence Situated on two spacious lots totaling 11,740 sq. ft., this 11-unit apartment complex is a rare investment opportunity in the growing Blue Hill Road area of New Providence. Each unit features a 1-bedroom, 1-bathroom layout with an open-concept kitchen and living area, designed for comfortable, modern living. The building is fully rented, providing a strong and consistent stream of income with minimal management required. This property offers not only immediate returns but also excellent potential for future value appreciation. With thoughtful upgrades, there may be opportunities to enhance rental income even further, making it an attractive long-term asset. Located in a high-demand rental market with great accessibility, this complex is ideal for investors seeking a fully occupied, income-producing property with room to grow.
Location
Community Blue Hill Road
Area Blue Hill Road
Building/Complex Name New Providence/Paradise Island
Interior
Interior Features None
Cooling Split
Flooring Mixed
Laundry None
Exterior
Parking Features Open
Roof Type Asphalt Shingle
Building
Lot Description Rural Setting, Shopping Nearby, Quiet Area
Foundation Yes
Sewer Connected
Water City
Structure Type Concrete Block
Courtesy of: The Bahamas MLS
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