About 4 & 5 Carmen Close Sub. Road Lot 4 & 5
Income-Generating 11-Unit Apartment Complex – Blue Hill Road Area, New Providence Situated on two spacious lots totaling 11,740 sq. ft., this 11-unit apartment complex is a rare investment opportunity in the growing Blue Hill Road area of New Providence. Each unit features a 1-bedroom, 1-bathroom layout with an open-concept kitchen and living area, designed for comfortable, modern living. The building is fully rented, providing a strong and consistent stream of income with minimal management required. This property offers not only immediate returns but also excellent potential for future value appreciation. With thoughtful upgrades, there may be opportunities to enhance rental income even further, making it an attractive long-term asset. Located in a high-demand rental market with great accessibility, this complex is ideal for investors seeking a fully occupied, income-producing property with room to grow.
Features of 4 & 5 Carmen Close Sub. Road Lot 4 & 5
| Listing ID | 62733 |
|---|---|
| Price | $550,000 |
| Bedrooms | 11 |
| Bathrooms | 11.00 |
| Square Footage | 11,740 |
| Acres | 0.27 |
| Type | Residential |
| Sub-Type | Apartment Complex |
| Style | Apartment |
Community Information
| Address | 4 & 5 Carmen Close Sub. Road Lot 4 & 5 |
|---|---|
| Area | Blue Hill Road |
| City | New Providence/Paradise Island |
| Country | Bahamas |
Amenities
| Parking | Open |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Mixed |
|---|---|
| Interior Features | None |
| Cooling | Split |
| Has Basement | No |
Exterior
| Exterior | Finished Concrete |
|---|---|
| Lot Description | Rural Setting, Shopping Nearby, Quiet Area |
| Roof | Asphalt Shingle |
| Construction | Concrete Block |
| Foundation | Yes |