BahamasNassau and Paradise IslandChippingham19 Wallace Road Lot-5 A

19 Wallace Road Lot-5 A
Chippingham, Nassau and Paradise Island Bahamas

$275,000
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MCR Bahamas

4
Bedrooms
2
Full Baths
1,300 Sq Ft.
Interior
.1165 Acres
Exterior
Multi Family
Property Type
2004
Year Built
55986
Web Id
55986
MLS ID

About 19 Wallace Road

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.

Listing Courtesy of Bahamas MLS

Amenities

  • No Fee

features

lot description
Concrete Block
Style
Split Level

Property Details

Area
Chippingham
Air conditioning (Condo)
Split
Parking Type
Open
Water
City
Sewer
Septic - Yes
Style
Apartment

Exterior

Exterior Finish
Finished Concrete
Lot Shape
Rectangle
Roof
Asphalt Shingle
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MCR Bahamas

The data relating to Bahamas real estate for sale/lease on this website comes in part from a cooperative data exchange program of the Bahamas Multiple Listing Service (MLS) in which these Brokers participate in the Bahamas Real Estate Association (BREA). The properties displayed may not be all of the properties in the Bahamas MLS database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker/Agent are marked with the IDX Symbol, indicating an agreement to exchange property information. Detailed information about such properties are noted as Courtesy of: The Bahamas MLS. Information provided is thought to be reliable but is not guaranteed to be accurate. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. This information is protected from unlawful duplication by copyright.

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