Carefree Court 2, New Providence/Paradise Island

$1,149,000

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14

Beds

10

Baths

8,705

Square feet

0.18

Acres

About Carefree Court 2

Centrally Located, Great Income Producing 10-Plex Excellent income-producing multi-family property available in centrally located Garden Hills. This well-maintained investment opportunity features two detached two-story apartment buildings, each offering five fully rented units, comprising four two-bedroom and six one-bedroom apartments, for a total of ten income-generating units. Originally built in 2006, the property was acquired by the current owners in 2016 as an unfinished shell and has since undergone a full-scale refurbishment, including complete electrical rewiring, full re-plumbing, and new roofs on both buildings. Each ground floor spans approximately 3,248 square feet and includes spacious living rooms, dining areas, kitchens, bathrooms, and bedrooms, while the second floor also offers generously sized units with functional layouts. The property has enjoyed consistently high occupancy over the past 5 years, producing a reliable and generous return on investment. This is a turnkey opportunity for any investor looking to expand their rental portfolio.

Features of Carefree Court 2

Listing ID 63250
Price $1,149,000
Bedrooms 14
Bathrooms 10.00
Square Footage 8,705
Acres 0.18
Year Built 2007
Type Residential
Sub-Type Apartment Complex
Style Colonial

Community Information

Address Carefree Court 2
Area Soldier Road
Subdivision Garden Hills No. 2
City New Providence/Paradise Island
CountryBahamas

Amenities

Parking Street, Open
Is Waterfront No
Has Pool No

Interior

Interior Features Garden Area, Fully Fenced, Fully Walled, Impact Windows
Cooling Split
Has Basement No

Exterior

Exterior Finished Concrete
Lot Description Central location, Easy Access, Family Oriented, Highway Access, Private Setting, Quiet Area
Roof Asphalt Shingle
Construction Concrete Block
Foundation Yes

Listing Map

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