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19 Wallace Road | BSD 275,000
Iliana Gerasimenko Agent Photo
Iliana
Gerasimenko
BERKSHIRE HATHAWAY HOMESERVICE

New Providence
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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