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Constitution Drive, New Providence/Paradise Island, Bahamas – $1,500,000

  • 24 Beds
  • 13 Baths
  • 9,264 Sqft
  • ½ Acres
  • 24 Beds
  • 13 Baths
  • 9,264 Sqft
  • ½ Acres

Constitution Drive

Great Income Producing Property - 13 Unit apartment located on Constitution drive is an investment opportunity of a lifetime. This property is currently fully occupied and its conveniently located in close proximity to many shops and businesses. This apartment complex has great potential, as it is close to University of The Bahamas, making it a great property to use for student housing. With its proximity to the main West Bay Street, this is a perfect property to do short term Airbnb rentals as well. This apartment complex consists of eleven 2 bedroom apartments and two 1 bedroom apartments, all generating great rental income. Additionally it has an office with a 1/2 bath that is great for usage by a grounds keeper or building manager. This property is in great condition, and has been well maintained. It is not often you see an entire apartment complex come to the market such as this one. The building sits on three lots with significant room for expansion. Take advantage of this opportunity, to earn steady rental income from this property.

Essential Information

  • MLS® #40589
  • Price$1,500,000
  • Bedrooms24
  • Bathrooms13.00
  • Square Footage9,264
  • Acres0.50
  • TypeResidential
  • Sub-TypeApartment Complex
  • Style2 Storey-Main L Entry

Community Information

  • AddressConstitution Drive
  • AreaChippingham
  • CityNew Providence/Paradise Island
  • CountryBahamas

Amenities

  • ParkingOpen

Interior

  • CoolingSplit

Interior Features

Garden Area, Kitchen Built-in(s), Cable

Exterior

  • ExteriorFinished Concrete
  • ConstructionConcrete Block
Courtesy of the Bahamas MLS
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The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer's personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.