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$ 525,000
Est. payment /mo
Active
LOT 16 COWPEN ROAD New Providence/Paradise Island
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 66853
Property 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
Location
Community Cowpen Road
Area Cowpen Road
Building/Complex Name New Providence/Paradise Island
Exterior
Amenities Available Air Conditioning Fully, Balconies, Highway Access, Shopping Area, Signs Allowed, Store Front, Wheelchair Access
Building
Builder Name Mixed
Courtesy of: The Bahamas MLS
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