19 Wallace Road Chippingham, Nassau and Paradise Island Bahamas
Chippingham, Nassau and Paradise Island Bahamas
$275,000
4 BD2 BAMulti-Family Homes1 of 6
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- 4
- Bedrooms
- 2
- Full Baths
- 1,300 Sq Ft.
- Interior
- .1165 Acres
- Exterior
- Multi-Family Homes
- Property Type
- 2004
- Year Built
- 55986
- Web Id
- 55986
- MLS ID
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.
Listing Courtesy of Bahamas MLS
Listing Courtesy of Bahamas MLS
features
- lot description
- Apartments Unfurnished, Concrete Block
- Style
- Split Level
Property Details
- Area
- Chippingham
- Air conditioning (Condo)
- Split
- Parking Type
- Open
- Water
- City
- Sewer
- Septic - Yes
- Style
- Apartment
Exterior
- Exterior Finish
- Finished Concrete
- Lot Shape
- Rectangle
- Roof
- Asphalt Shingle