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

MLS Listing Number: 60434
Property Type: Multi-Family
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