GEORGE TOWN – MULTI-UNIT INCOME PRODUCER

  • CI$1,200,000
George Town, Cayman Islands

GEORGE TOWN – MULTI-UNIT INCOME PRODUCER

George Town, Cayman Islands
  • CI$1,200,000

CIREBA MLS LDX feed courtesy of KUAVO LIMITED

Overview

MLS#: 413185
  • Residential
  • Property Type
  • 12
  • Bedrooms
  • 10
  • Bathrooms
  • No
  • Garage
  • 5100
  • Sq Ft
  • 1998
  • Year Built
  • Address Newport Avenue
  • City George Town
  • Area 20
  • Country Cayman Islands

Description

Great multifamily investment opportunity, centrally located within minutes walking distance to George Town. This converted 2 storey single family home is configured as follows; Ground floor: entrance lobby with communal seating area, x 2 (1Bed/1Bath) w/access to large communal kitchen, x 2 (1Bed/1Bath self-contained units) and communal laundry area. Second Floor: x 4 (1Bed/1Bath), x1 (2Bed/1Bath self-contained unit), large communal kitchen, communal seating area and communal balcony area. Exterior: x 1 (2Bed/1Bath self-contained annex apartment). This well maintained property has a strong long-term rental history and is currently 100% occupied. The property offers a net income of approx. CI$60,000 per annum. Concrete construction, hurricane shutters and storage shed. Additional information available upon request.

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Details

Updated on September 16, 2021 at 5:58 am
  • MLS#: 413185
  • Price: CI$1,200,000
  • Property Size: 5100 Sq Ft
  • Bedrooms: 12
  • Bathrooms: 10
  • Garage: No
  • Year Built: 1998
  • Property Type: Residential
  • Property Status: Pending/Conditional

Additional details

  • Views: Garden View
  • Lot Size: 0.2400
  • Pool: No
  • Den: No
  • Foundation: Slab
  • Furnished: Yes
  • Zoning: High Density Residential
  • Block: 14E
  • Parcel: 606

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