BahamasNassau and Paradise IslandChippingham19 Wallace Road

19 Wallace Road 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
328
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

Kerry Sullivan Real Estate Limited MLS

Kerry Sullivan Real Estate Limited MLS

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