Baker Duplex
![Baker Duplex](https://images.moskorealty.com/images/55986_1.jpg)
Property Details
Island: New Providence/Paradise Island
MLS#: 55986
Lot Size: 5,077 sq. ft.
Living Area: 1,600 sq. ft.
Property Type: Duplex & Multiplexes
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.
Nearby Listings
Bahama Real Estate Association
![Bahamas Real Estate Association](https://www.moskorealty.com/wp-content/uploads/2017/03/BREA-memeber-Logo.jpg)