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19 Wallace Road | BSD 275,000
Matt Sweeting Your Agent for Life Agent Photo
Matt Sweeting
Your Agent for Life
C. (242) 808-6868
 P. (242) 605-5555
 Phone Matt Sweeting mattsweeting.com
1 OAK BAHAMAS
149 Shirley Street
 New Providence
 Bahamas

Details

%
Years (35 year max)
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

A former president of the Organization of Young Professionals and a past chairman at The Bahamas Chamber of Commerce, Matt Sweeting boasts a pretty robust resume. With Over ten years in the real estate industry he has become known to his clients as “Your Agent for Life.” An associated phrase he takes seriously, claiming that if you do one deal with him he can win your business for life. As Chief Executive Broker at the firm he is committed to making 1 OAK Bahamas, a company number one in customer satisfaction, of which he believes financial success is a subsequence of. Matt is a bit of a self proclaimed marketing nerd spending his time at home researching marketing trends in real estate and international brands. He is a father three boys Adrien, Matt Jr. & Jacob and a newly-wed to wife Kimra.
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