14 FARRINGTON ROAD,Chippingham
Property Details
Island: New Providence/Paradise Island
MLS#: 62338
Lot Size: 15,682 sq. ft.
Living Area: 9,900 sq. ft.
Property Type: Apartment Complex
This remarkable two-story apartment complex is located in the heart of Chippingham, offering location close to Arawak Cay, the famous Fish Fry, Junkanoo Beach, and Downtown New Providence. This property is a unique investment opportunity, presenting multiple revenue streams and significant potential for enhancement. Prime Location: Situated in the vibrant central area of Chippingham, residents and guests will enjoy easy access to local attractions and essential services. The complex features a retail store space, and 13 spacious one-bedroom units, each offering 620 sq ft of living space. The 13 one-bedroom units are generously sized and perfect for long-term tenants or short-term guests. With an impressive annual rental income of $103,200, this property ensures a strong and steady return on investment. The location and layout of the complex make it an ideal candidate for conversion into an Airbnb. Imagine the increased income and appeal with with updates and renovations tailored for short-term stays. Capitalize on the booming vacation rental market in Nassau.
Nearby Listings
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Bahama Real Estate Association
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