34 FLAMINGO AVENUE, Chippingham, New Providence/Paradise Island

  • $170,000
New Providence/Paradise Island, Bahamas
  • Duplex
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
For Sale

34 FLAMINGO AVENUE, Chippingham, New Providence/Paradise Island

New Providence/Paradise Island, Bahamas
  • $170,000
  • Property ID: M55990
  • Price: $170,000
  • Land Area: 5077 Sq. Ft.
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Duplex
  • Property Status: For Sale

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.

Features

  • Community Chippingham
  • Island New Providence/Paradise Island

Contact Information

Agent Bio
Courtesy of the Bahamas MLS

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Courtesy of the Bahamas MLS
  • Courtesy of the Bahamas MLS