Mount Pleasant Apartment Building

Property Details

Type: Multi-Unit Beds: 8 Baths: 8 Sqft : 2,570 Status: Pending/Conditional Built: 1997 View: Garden View Acreage: 0.23

Property Description

Incredible investment property in a good neighbourhood. Comprised of 8 units including a studio apartment as well as a 3 bed and a 4 bed with shared kitchens and a shared coin laundry system. In the 3 bed portion of the property each room is CI$500 per month and in the 4 bed section, 3 of the rooms are CI$500 and the master is CI$650. The coin laundry also brings in an additional CI$250 per month. Monthly expenses average around CI$875 so overall rental income per month is CI$3,625. ROI is 8%+. With multiple room options available, the property offers excellent rental potential for owner. Property is inaccessible so interior viewings are to be done through the 3D tour.

Property Additional Features

  • Title: Freehold

Additional Features

  • Furnished (partial)
  • Hurricane Shutters

Building Features

  • Cistern
  • City Water
  • Sewer

Kitchen Features

  • Washer (Common)

Interior Features

  • AC (Other)
  • TV (Other)

Price: CI$449,000

MLS#: 409969

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