Real Estate in The Bahamas

Grand Bahama: (242) 351-6445
Lyford Cay: (242) 362-5219
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You are here: Home / Listings / 47365

Baker Apartments

Baker Apartments
For Sale Only

Property Details

Price: $450,000
Address: 19 WALLACE ROAD,Chippingham
Island: New Providence/Paradise Island
MLS#: 47365
Lot Size: 10,200 sq. ft.
Living Area: 2,455 sq. ft.
Property Type: Commercial Buildings
Listing No: C-131
Beds: n/a
Baths: n/a
Year Built: 1970
Status: For Sale Only
Map: 
Printable Listing Brochure 
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This Quadplex is situate at 19 Wallace Road at its southern boundary and extends therefrom to 34 Flamingo Avenue in the north. That is, it runs from Street to Street on a 10,200 sq ft lot. It is a part of the middle income neighborhood of the Greater Chippingham Subdivision. The property is represented by: 2 – 2 bedroom 2 bathroom units with a living / Dining Room 1 – 1 bedroom 1 bathroom efficiency 1 – 2 bedroom 1 bathroom unit with living / dining room and porch (cottage) Rental income potential is $500 monthly (can be increased after upgrades) for the 2 beds 1 bathroom or $1,500 monthly and $400 monthly for the efficiency. Annual potential income is $22,800. Expenses approximate 40% thereof to generate potential net income of $13,680, which on an investment of $600,000 represents an annual ROI of 2.3%. The property needs renovations and tenants have been asked to vacate to allow upgrades. There is approximately 2,500 sq ft ($250,000) of space in between the units in the front and the back of the property which can be used to construct 3 more 2 bedroom 1 bathroom units.

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Nearby Listings

  • 19 WALLACE ROAD,Chippingham
    $450,000 For Sale Only 19 WALLACE ROAD,Chippingham Beds: n/a   Baths: n/a   SqFt: 2 MLS:47365  Listing:C-131 View Listing
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Bahama Real Estate Association

Bahamas Real Estate AssociationThe 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.

Listing Agent

 Nassau/New Providence Office

 (242) 362-5219

 (242) 362-5219

 [email protected]

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Grand Bahama:
Mosko Realty Ltd.
P.O. Box F-40368
Freeport, Grand Bahama, The Bahamas
T: (242) 351-6445
F: (242) 351-6449
USA: (305) 433-7595
[email protected]

Lyford Cay:
Mosko Realty Ltd.
P.O. Box N-1130
Lyford Cay, The Bahamas
T: (242) 362-5219
F: (242) 362-5214
[email protected]
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New Providence:
Mosko Realty Ltd.
P.O. Box N-1130
Nassau, The Bahamas
T: (242) 326-6441
T: (242) 322-8808
F: (242) 325-5112
In the US: (954) 839-8868
[email protected]

Real Estate in The Bahamas
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