19 Wallace Road | BSD 275,000
Michael C. Missick Agent Photo
Michael C.
Missick
C. (242) 468-7770
P. (954) 607-4533
Phone Michael C. http://www.bhhsb.com/
BERKSHIRE HATHAWAY HOMESERVICE

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


Location

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Data Source: Statistics Canada
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About

Michael is an aspiring wealth manager currently preparing to sit the CFA level I exam. He will manage the investment portfolios of high net worth individuals with a focus on acquisitions in luxury real estate. His referral success is founded on his meticulous attention to detail, unsurpassed devotion to clients and extensive market knowledge. From his past naturalist work experience in Yosemite National Park and his B.Sc. in environmental studies, he has developed a penchant for aesthetics in both the built and organic environments. This passion naturally encompasses luxury real estate. In his spare time Michael enjoys landscape architecture and watching films in the two other languages he speaks - Portuguese and Spanish.