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$ 170,000
Est. payment /mo
Active
34 FLAMINGO AVENUE New Providence/Paradise Island
2 Beds
1 Bath
700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $242
MLS Listing ID 55990
Style Apartment
Bedrooms 2
Lot Size 5,077 Sqft
Property 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.
Location
Community Chippingham
Area Chippingham
Building/Complex Name New Providence/Paradise Island
Interior
Interior Features None
Cooling Split
Exterior
Parking Features Open
Roof Type Asphalt Shingle
Building
Foundation Yes
Sewer Septic - Yes
Water City
Structure Type Concrete Block
Courtesy of: The Bahamas MLS
