19 WALLACE ROAD, New Providence/Paradise Island

bedrooms 4
bathrooms 2
|Apartment
INR ₹23,360,920
BSD $275,000
Published on: 12 Sep 2024
Last updated on: 20 Dec 2024
19 WALLACE ROAD, New Providence/Paradise Island,
19 WALLACE ROAD, New Providence/Paradise Island,
19 WALLACE ROAD, New Providence/Paradise Island,
+6
19 WALLACE ROAD, New Providence/Paradise Island,
  • 6
Property ID: 310094480084
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WALLACE ROAD

19 WALLACE ROAD, New Providence/Paradise Island,
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.

Property Details

Basic Info

Property Type
Apartment
Land Size
5,077.00 sq ft
Building Size
1,600.00 sq ft
Rooms
4 bedroom(s), 2 bathroom(s)
Address
19 WALLACE ROAD, New Providence/Paradise Island
Contact Agent
Matthew T. Mitchell
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      Property ID: 310094480084

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