3 MULTIFAMBUILDINGS
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Property Details
Island: New Providence/Paradise Island
MLS#: 52820
Lot Size: 6,090 sq. ft.
Living Area: 7,092 sq. ft.
Property Type: Apartment Complex
3 fully rented 2 story multifamily apartment buildings / complex represented by 8 apartment units: 6 – 2 beds 1 bath 2 – 1 bed 1 bath Rents vary. Tenants have resided long term. Rental income generates a return on investment of 8.7% annually. A very real rate that rarely comes by. The complex sits on a 6,090 sq ft lot in Canaan Lane just off of Shirley St. Cannan Lane intersects Shirley St on the corner where Nassau Motors displays some of its vehicles for sale.