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14 FARRINGTON ROAD & SAMUEL

Apartment Complex14 FARRINGTON ROAD & SAMUEL
+2

14, FARRINGTON ROAD & SAMUEL

  • 14 beds
  • 14 baths
  • 9900 sq ft
$799,000
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Basics

  • Date added: Added 3 days ago
  • Category:
  • Bedrooms: 14
  • Bathrooms: 14
  • Half baths: 0
  • Area: 9900 sq ft
  • Lot size: 15544 sq ft
  • Year built: 2001
  • Currency: BSD
  • Island: New Providence/Paradise Island
  • Lot: 0
  • Sale or Rent: For Sale Only
  • Date Listed: 2024-07-15T00:00:00
  • MLS ID: 58161

Description

  • Description:

    This remarkable two-story apartment complex is located in the heart of Chippingham, offering location close to Arawak Cay, the famous Fish Fry, Junkanoo Beach, and Downtown New Providence. This property is a unique investment opportunity, presenting multiple revenue streams and significant potential for enhancement. Prime Location: Situated in the vibrant central area of Chippingham, residents and guests will enjoy easy access to local attractions and essential services. The complex features a retail store space, and 13 spacious one-bedroom units, each offering 620 sq ft of living space. The 13 one-bedroom units are generously sized and perfect for long-term tenants or short-term guests. With an impressive annual rental income of $103,200, this property ensures a strong and steady return on investment. The location and layout of the complex make it an ideal candidate for conversion into an Airbnb. Imagine the increased income and appeal with with updates and renovations tailored for short-term stays. Capitalize on the booming vacation rental market in Nassau.

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Location

Building Details

Amenities & Features

  • Laundry: Shared
  • Sewer: Septic - Yes
  • Style: Multi-Family Lot
  • Air conditioning (Condo): Split
  • Water: City
  • Amenities:

Nearby Schools

  • Elementary School: St Josephs

Miscellaneous

  • Legal Description: All that piece or parcel of land containing by admeasurement 15,544 square feet or thereabouts and situate in the western district of New Providence one of the
  • Monthly Assessment: 0
  • Road: Street

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