About Lot 16 Cowpen Road
This versatile commercial building is a standout investment, offering strong rental income potential in a high demand area. The property features five one bedroom units (3 upstairs, 2 downstairs), each renting at $750 per month, inclusive of water, with individual electricity meter ensuring hassle free management. Adding to its value, the property includes a commercial office space ideal for retail or office use, providing additional revenue streams. Together, these rentals yield a minimum of $4,950 monthly, with room to boost returns through minor interior enhancements. Strategically located in a thriving area, this property is poised for growth, offering immediate rental income and long-term appreciation. Efficient utility management is supported by well water and a gas water heater, adding further appeal for savvy investors. Don’t miss this exceptional opportunity to secure a solid commercial investment contact us today to make it yours!
Features of Lot 16 Cowpen Road
| MLS® # | 61977 |
|---|---|
| Price | $572,000 |
| Acres | 0.12 |
| Type | Commercial |
| Sub-Type | Business w/Bldg & Land |
| Status | Active |
Community Information
| Address | Lot 16 Cowpen Road |
|---|---|
| Area | Cowpen Road |
| City | New Providence/Paradise Island |
| State | Bahamas |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Balconies, Highway Access, Shopping Area, Store Front |
|---|