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Malcolm Allotments | BSD 169,000 | MLS# 65896
Matt Sweeting Your Agent for Life  Agent Photo
Matt Sweeting
Your Agent for Life
C. (242) 808-6868
P. (242) 605-5555
Phone Matt Sweeting mattsweeting.com
REMAX BAHAMAS
163 Baillou Hill Road
New Providence
Bahamas
MLS# 65896

Details

%
Years (35 year max)
Years



Address Malcolm Allotments
AreaNew Providence/Paradise Island
Sub AreaMalcolm Allotment
CountryBahamas
PriceBSD 169,000
Property TypeTriplex
Bedrooms3
Bathrooms3
Floor Space1500 Square Feet
Lot Size0.26 Acres
ParkingOpen
MLS® #65896

Located in the heart of Malcolm Allotment, Kennedy Subdivision, this income-producing property presents an excellent opportunity for investors seeking strong rental demand in a highly populated area of Nassau, New Providence. The property currently features three 1-bedroom, 1-bathroom efficiency units, each generating $750 per month, providing immediate and reliable cash flow. Adding significant upside potential, the property also includes an unfinished structure at the rear, already constructed and intended to accommodate an additional three 1-bedroom, 1-bathroom units upon completion. This creates a clear pathway to substantially increase rental income and overall property value. Located within a well-established community and conveniently close to schools, public transportation, shopping, and essential amenities, the property benefits from consistent tenant demand. With both existing income and future development potential, this property is ideal for investors looking to maximize returns in a high-demand rental market.


Listing Courtesy of the Bahamas MLS


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About

A former president of the Organization of Young Professionals and a past chairman at The Bahamas Chamber of Commerce, Matt Sweeting boasts a pretty robust resume. With Over ten years in the real estate industry he has become known to his clients as “Your Agent for Life.” An associated phrase he takes seriously, claiming that if you do one deal with him he can win your business for life. As Chief Executive Broker at the firm he is committed to making 1 OAK Bahamas, a company number one in customer satisfaction, of which he believes financial success is a subsequence of. Matt is a bit of a self proclaimed marketing nerd spending his time at home researching marketing trends in real estate and international brands. He is a father three boys Adrien, Matt Jr. & Jacob and a newly-wed to wife Kimra.
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