19 Wallace Road Chippingham, Nassau and Paradise Island Bahamas
Chippingham, Nassau and Paradise Island Bahamas
$275,000
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- 4
- Bedrooms
- 2
- Full Baths
- 1,300 Sq Ft.
- Interior
- .12 Acres
- Exterior
- Multi-Family Homes
- Property Type
- 2004
- Year Built
- 55986
- Web Id
- 55986
- MLS ID
- 106
- days ago
About 19 Wallace Road
This Duplex is situated at 19 Wallace Road. The lot approximates 5,100 sq ft in size. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. The property is represented by: 2 ? 2 bedroom 1 bathroom units with a living / Dining Room. There is an unfinished Efficiency that can be completed to generate additional rental income. The 2 finished units are fully leased with reliable tenants. Each unit rents at $800 monthly. Annual rental income is $19,200. Expenses approximate 40% thereof to generate potential net income of $11,520 The building can be expanded to two (2) stories to add another 2 units, which plus the efficiency will represent a total of 5 units to minimally generate $4,000 in monthly rental income.
Amenities
- Concrete Flooring
features
- cooling
- Split Unit A/C
- Construction Type
- concrete block
Property Details
- Area
- Chippingham
- Year Built
- 2004
- Sewer
- Septic - Yes
- Stylet
- Apartment
- Water
- City
Exterior
- Roofing
- Asphalt Shingle
Unit Information
- Bathrooms
- 2
- Bedrooms
- 4