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149 Shirley Street
New Providence
Bahamas
Details
Address | 34 Flamingo Avenue |
Area | New Providence/Paradise Island |
Sub Area | Chippingham |
Country | Bahamas |
Price | BSD 170,000 |
Property Type | Half Duplex |
Bedrooms | 2 |
Bathrooms | 1 |
Floor Space | 700 Square Feet |
Lot Size | 0.12 Acres |
Parking | Open |
MLS® # | 55990 |
This Cottage is comprised of 1 bedroom and 1 bathroom. It is situated at 34 Flamingo Ave. It approximates 700 sq ft in size and sits on a lot that approximates 5,100 sq ft. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. It is leased and occupied by long term tenants and currently generates rental income of $500 monthly which can be increased with upgrades and if not, converted to a single-family home by approved expansion which allows up to two stories. It is near to all modern conveniences. $6,000 in annual rental income after expenses of 30%, results in $4,200 net earnings. Overall, the property needs renovations and can be a great fixer upper given that it is priced right.
Listing Courtesy of the Bahamas MLS