CANAAN LANE New Providence/Paradise Island Active

$ 550000

8 Beds

8 Baths

7092 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,092 sqft

Price per Sqft $77

MLS Listing ID 52820

Style Multi-Family Lot

Bedrooms 8

Lot Size 6,090 Sqft

Property Description

2 fully rented 2 story multifamily apartment buildings / complex represented by 8 apartment units: 6 – 2 beds 1 bath 2 – 1 bed 1 bath Rents vary. Tenants have resided long term. Rental income generates a return on investment of 8.7% annually. A very real rate that rarely comes by. The complex sits on a 6,090 sq ft lot in Canaan Lane just off of Shirley St. Cannan Lane intersects Shirley St on the corner where Nassau Motors displays some of its vehicles for sale.

Location

Community Other New Providence/Nassau

Area Other New Providence/Nassau

Building/Complex Name New Providence/Paradise Island

Interior

Interior Features None

Cooling Window unit(s)

Exterior

Parking Features Open

Roof Type Asphalt Shingle

Building

Foundation Yes

Sewer Septic - Yes

Water City

Structure Type Concrete Block

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