Basics
- Date added: Added 1 year ago
- Category: Half Duplex
- Bedrooms: 2
- Bathrooms: 1
- Area: 700 sq ft
- Lot size: 5077 sq ft
- Currency: BSD
- Island: New Providence/Paradise Island
- Lot: 5 B
- Sale or Rent: For Sale Only
- Date Listed: 2024-01-18T00:00:00
- MLS ID: 55990
Description
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Description:
This Cottage is comprised of 2 bedrooms 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.
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Location
Building Details
- Foundation: Yes
- Construction: Concrete Block
- 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: Lot 5 B Flamingo Avenue, Greater Chippingham Subdivision
- Monthly Assessment: 0
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This property is shown courtesy of The Bahamas MLS.
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