About Englerston Addition
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!
Features of Englerston Addition
MLS® # | 58034 |
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Price | $272,000 |
Bedrooms | 7 |
Bathrooms | 5.00 |
Square Footage | 2,307 |
Acres | 0.08 |
Year Built | 2000 |
Type | Residential |
Sub-Type | Triplex |
Style | Apartment |
Status | Active |
Community Information
Address | Englerston Addition |
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Area | Englerston |
City | New Providence/Paradise Island |
State | Bahamas |
Amenities
Parking | Open |
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Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Fully Walled |
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Cooling | Split |
Has Basement | No |
Exterior
Exterior | Finished Concrete |
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Lot Description | Family Oriented, Low Maint Yard, Road - Paved, Can Be Rented |
Roof | Asphalt Shingle |
Construction | Concrete Block |
Foundation | Yes |