Basics
- Date added: Added 3 hours ago
- Category: Triplex
- Bedrooms: 7
- Bathrooms: 4
- Area: 2907 sq ft
- Lot size: 8835 sq ft
- Currency: BSD
- Island: New Providence/Paradise Island
- Lot: 10
- Sale or Rent: For Sale Only
- Date Listed: 2026-06-30T00:00:00
- MLS ID: 67756
Description
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Description:
Discover a prime investment in the Kool Meadows community, just off Joe Farrington Road. This turnkey, fully occupied fourplex offers immediate cash flow with 100% occupancy and a steady $50,400 annual rental income, delivering a strong 9.6% gross yield based on the asking price. Perfectly suited for both seasoned investors and first-time buyers, this property is in excellent condition and requires minimal upkeep. The quiet, family-friendly neighborhood ensures strong, stable rental demand, with easy access to shopping, major roadways, and top public and private schools making it a magnet for long-term tenants. A standout feature is the value-add potential current rents are below market, providing a clear path to increased income and improved returns. With strong tenant demand, low vacancy risk, and immediate cash flow, this is a must-see multifamily asset in one of the most consistently rentable areas. Donât miss your chance to secure a high-performing asset with both immediate returns and long-term growth potential.
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Location
Building Details
- Foundation: Yes
- Construction: Concrete Block
- Floor covering: Ceramic Tile
- Exterior material: Finished Concrete
- Roof: Asphalt Shingle
- Parking: Open
Amenities & Features
- Sewer: Septic - Yes
- Style: Apartment
- Air conditioning (Condo): Split
- Water: City
- Amenities:
Miscellaneous
- Legal Description: Fox Hill, Kool Acres Lot 10
- Site Influences: Family Oriented,Low Maint Yard,Shopping Nearby,Road - Paved,Can Be Rented
- Monthly Assessment: 0
