Half Duplex for Sale in Chippingham, New Providence/Paradise Island

  • $170,000
New Providence/Paradise Island, Bahamas
For Sale

Half Duplex for Sale in Chippingham, New Providence/Paradise Island

New Providence/Paradise Island, Bahamas
  • $170,000

Description

This Cottage is comprised of 1 bedroom and 1 bathroom. It is situated at 34 Flamingo Ave. It approximates 700 sq ft in size and sits on a lot that approximates 5,100 sq ft. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. It is leased and occupied by long term tenants and currently generates rental income of $500 monthly which can be increased with upgrades and if not, converted to a single-family home by approved expansion which allows up to two stories. It is near to all modern conveniences. $6,000 in annual rental income after expenses of 30%, results in $4,200 net earnings. Overall, the property needs renovations and can be a great fixer upper given that it is priced right.

Details

Property ID
55990
Bedroom
1
Bathroom
1
Land Area
0.11655188246097
Updated on September 8, 2024 at 1:16 am

Contact Information

Engel Volkers Bahamas
  • Engel Volkers Bahamas
  • +1 242-328-7777 +1 242-557-1891
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  • Engel Volkers Bahamas