Baker Duplex
Description
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.
Address
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Address WALLACE ROAD
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Country Bahamas the
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City/Town New Providence/Paradise Island
Overview
- Property ID 55986
- Price $275,000
- Property Type Full Duplex
- Property status For Sale Only
- Bedrooms 4
- Bathrooms 2
- Year Built 2004
- Size 1,600 SqFt
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Walk Score
Walk Score
Somewhat Walkable
Bike Score
Somewhat Bikeable
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