Title of Property: Carefree Court
Area: Soldier Road
Island: New Providence/Paradise Island
Listed Price: $1,149,000
Sale or Rent: For Sale Only
Property Type: Apartment Complex
Bedrooms: 14
Baths: 10
Block: D
SqFt Total: 8000
Construction: Concrete Block
Monthly Assessment: 0
Style: Apartment
Exterior Finish: Finished Concrete
Bedrooms: 14
Baths: 10
Block: D
SqFt Total: 8000
Construction: Concrete Block
Monthly Assessment: 0
Style: Apartment
Exterior Finish: Finished Concrete
Currency: USD
Lot: 5
Lot SqFt: 8705
Year Built: 2007
Air Conditioning: Central
Foundation: Yes
Roof: Asphalt Shingle
Lot: 5
Lot SqFt: 8705
Year Built: 2007
Air Conditioning: Central
Foundation: Yes
Roof: Asphalt Shingle
Total Finished Floor Area: 8,000
Subdivision: Garden Hills No. 2
Description: Are you looking for an Investment? Here's your chance to own a well-constructed income property in central Garden Hills. These multi-family buildings were originally built in 2006, the current owners took over the property as an uncompleted shell approximately 8 years ago in 2016 and did a complete refurbishment of all apartments, including full electrical rewiring, full re-plumbing and a new roof on both buildings. The buildings are in very good condition and well-maintained. There are two two-story detached multi-family residential buildings, each with 5 apartment units, 2 two-bedroom apartments, and 3 one-bedroom apartments, for a total of 10 apartment units. Together, 4 x 2 bedroom and 6 x 1 bedroom units produce a generous return on your investment. Each ground floor encompasses 3,248 Square Feet and has 4 living rooms, dining rooms, bathrooms, kitchens, and 8 bedrooms. The second floor has 6 living and dining rooms, kitchens, bedrooms, and bathrooms. The units are fully occupied and have had very high level of occupancy for past 3 years.
MLS Number: 58558
Date Modified: 08/16/2024
Listed by: Hideaways Real Estate