Area: Soldier Road
Island: New Providence/Paradise Island
Listed Price: $1,149,000
Sale or Rent: For Sale Only
Property Type: Apartment Complex
Bedrooms: 14
Baths: 10
Block: D
SqFt Total: 8705
Unit Number: 2
Construction: Concrete Block
Monthly Assessment: 0
Style: Colonial
Exterior Finish: Finished Concrete
Bedrooms: 14
Baths: 10
Block: D
SqFt Total: 8705
Unit Number: 2
Construction: Concrete Block
Monthly Assessment: 0
Style: Colonial
Exterior Finish: Finished Concrete
Currency: BSD
Lot: 5
Lot SqFt: 8000
Year Built: 2007
Air Conditioning: Split
Foundation: Yes
Roof: Asphalt Shingle
Lot: 5
Lot SqFt: 8000
Year Built: 2007
Air Conditioning: Split
Foundation: Yes
Roof: Asphalt Shingle
Total Finished Floor Area: 8,000
Subdivision: Garden Hills No. 2
Description: Centrally Located, Great Income Producing 10-Plex Excellent income-producing multi-family property available in centrally located Garden Hills. This well-maintained investment opportunity features two detached two-story apartment buildings, each offering five fully rented units, comprising four two-bedroom and six one-bedroom apartments, for a total of ten income-generating units. Originally built in 2006, the property was acquired by the current owners in 2016 as an unfinished shell and has since undergone a full-scale refurbishment, including complete electrical rewiring, full re-plumbing, and new roofs on both buildings. Each ground floor spans approximately 3,248 square feet and includes spacious living rooms, dining areas, kitchens, bathrooms, and bedrooms, while the second floor also offers generously sized units with functional layouts. The property has enjoyed consistently high occupancy over the past 5 years, producing a reliable and generous return on investment. This is a turnkey opportunity for any investor looking to expand their rental portfolio.
MLS Number: 63250
Date Modified: 07/15/2025
Listed by: Hideaways Real Estate
