CANAAN LANE, Other New Providence/Nassau, New Providence/Paradise Island

  • $550,000
New Providence/Paradise Island, Bahamas
  • Apartment Complex
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
For Sale

CANAAN LANE, Other New Providence/Nassau, New Providence/Paradise Island

New Providence/Paradise Island, Bahamas
  • $550,000
  • Property ID: M52820
  • Price: $550,000
  • Land Area: 6090 Sq. Ft.
  • Bedrooms: 8
  • Bathrooms: 8
  • Property Type: Apartment Complex
  • Property Status: For Sale

Description

3 fully rented 2 story multifamily apartment buildings / complex represented by 8 apartment units: 6 – 2 beds 1 bath 2 – 1 bed 1 bath Rents vary. Tenants have resided long term. Rental income generates a return on investment of 8.7% annually. A very real rate that rarely comes by. The complex sits on a 6,090 sq ft lot in Canaan Lane just off of Shirley St. Cannan Lane intersects Shirley St on the corner where Nassau Motors displays some of its vehicles for sale.

Features

  • Community Other New Providence/Nassau
  • 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