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19 Wallace Road | BSD 275,000
Eugene-Gino Maycock Agent Photo
Eugene-Gino
Maycock
C. (242) 424-9675
 P. (242) 393-1240
 Phone Eugene-Gino www.CRBAHAMAS.com
COLONIAL REALTY
P.o. Box Sp-60213
Bahamas

Details

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Years



Address 19 Wallace Road
AreaNew Providence/Paradise Island
Sub AreaChippingham
CountryBahamas
PriceBSD 275,000
Property TypeFull Duplex
Bedrooms4
Bathrooms2
Floor Space1600 Square Feet
Lot Size0.12 Acres
Year Built2004
ParkingOpen
MLS® #55986

This Duplex is situated at 19 Wallace Road. The lot approximates 5,100 sq ft in size. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. The property is represented by: 2 – 2 bedroom 1 bathroom units with a living / Dining Room. There is an unfinished Efficiency that can be completed to generate additional rental income. The 2 finished units are fully leased with reliable tenants. Each unit rents at $800 monthly. Annual rental income is $19,200. Expenses approximate 40% thereof to generate potential net income of $11,520 The building can be expanded to two (2) stories to add another 2 units, which plus the efficiency will represent a total of 5 units to minimally generate $4,000 in monthly rental income.

Listing Courtesy of the Bahamas MLS

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Eugene-Gino Maycock founding Broker of Colonial Real Estate Ltd. with more than two decades of experience in the Real Estate Industry. He came from up from humble beginnings in a home structured by a moral and ethically conscious matriarch and mother.  His inherited values became the foundation as he journeyed from a career in Information Technology as a network & database engineer, and a software instructor to a career in Real Estate industry from 1997.

His wealth of experience and knowledge has only grown since then, serving on BREA’s Board as a Director for three consecutive years as Secretary, MLS Director and Public Relations. He's also played a major roll in a number of major property developments. His certifications and designations in the areas of sales, broker management, appraisal services speaks to his commitment to offer a qualified service his clients and industry.

If your in the need of Qualified Advice for Buying Real Estate ...Call Gino.
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