Baker Duplex
For Sale Only
Property Details
Price: $275,000
Address: 19 WALLACE ROAD,ChippinghamIsland: 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
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Bahama Real Estate Association
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to the real estate for sale or lease on this website comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer’s personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights reserved. This property is shown courtesy of The Bahamas MLS.
