ENGLERSTON ADDITION New Providence/Paradise Island Active Save Request In-Person Tour Request Virtual Tour
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,307 sqft
Price per Sqft $117
MLS Listing ID 58034
Style Apartment
Bedrooms 7
Year Built 2000
Lot Size 3,419 Sqft
Property Description
This well-maintained income-generating Triplex with Strong ROI, located just off Market Street on the cul-de-sac of Eleuthera Close, is a prime investment opportunity. Secured by a boundary wall and entrance gate, the property offers well water, mature trees, and ample parking—enhancing its desirability for tenants. With four rental units already generating steady income, this property delivers an attractive return on investment: • 1-Bed, 1-Bath: $650/month • 1-Bed, 1-Bath: $600/month • 2-Bed, 1-Bath: $800/month • 3-Bed, 2-Bath (Main House): $1,500/month Total monthly rental income: $3,550 Annual rental income: $42,600 At just $272,000, this property offers an impressive 15.7% gross annual return, making it an ideal option for investors or homeowners looking to generate passive income while building equity. Don't miss this opportunity—schedule a viewing today!
Location
Community Englerston
Area Englerston
Building/Complex Name New Providence/Paradise Island
Interior
Interior Features Fully Walled
Cooling Split
Exterior
Parking Features Open
Roof Type Asphalt Shingle
Building
Lot Description Family Oriented,Low Maint Yard,Road - Paved,Can Be Rented
Foundation Yes
Sewer Septic - Yes
Water Drilled Well
Structure Type Concrete Block