Property in Nassau / New Providence, Bahamas - Five-Plex in Nassau For Sale
Nassau Five-Plex For Sale Bedrooms: 8 Bathrooms: 5
Multi-Family
$420,000
Description of this Multi-Family Property in Nassau / New Providence
Welcome to Ideal Estates Addition, a developing middle-class subdivision located on the Northern side of Soldier Road, near Abundant Life Road. This charming five-plex offers a fantastic opportunity for buyers seeking a comfortable and stylish living space or a great investment opportunity.
As an investment, this property generates a gross income of about $60,000. However, there is potential of making over $60k per year if treated purely as an income producer. Considering the purchase price, this property has a potential return on investment of nearly 10% and the opportunity for positive cash flow.
This Property has three two bedroom and one bathroom units, providing comfortable accommodation for residents or guests. They feature a cozy living room and dining area, creating a warm and welcoming atmosphere perfect for entertaining friends and family.
Secondly, is the delightful one bedroom, one bathroom space, ideal for those seeking a cozy and intimate living arrangement. Whether you're a young professional or a couple looking for a private retreat, this unit is sure to impress.
Last, is the efficiency unit that offers limitless possibilities, such as sort term Airbnb’s and many more.
Nearby, you'll find a variety of schools, shopping options, and churches, making this location truly convenient for all your daily needs.
Don't miss out on this incredible opportunity to own a piece of Ideal Estates Addition. Contact us today to schedule a viewing and make this charming five-plex your new home.
Bahama Property Highlights
Floors: 1
Construction: Concrete
Lot Size: 8,124 sq. ft.
Area: Soldier Road
Features of This Bahamas Property
Apartment Buildings
Summary of this Bedrooms: 8 Bathrooms: 5 Property on Nassau / New Providence, Bahamas