BahamasNassau and Paradise IslandChippingham34 Flamingo Avenue

34 Flamingo Avenue Chippingham, Nassau and Paradise Island Bahamas

$170,000
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This Cottage is comprised of 1 bedroom and 1 bathroom. It is situated at 34 Flamingo Ave. It approximates 700 sq ft in size and sits on a lot that approximates 5,100 sq ft. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. It is leased and occupied by long term tenants and currently generates rental income of $500 monthly which can be increased with...

1 OAK Team

1
Bedroom
1
Full Bath
700 Sq Ft.
Interior
.1165 Acres
Exterior
Multi-Family Home
Property Type
55990
Web Id
55990
MLS ID
365
days ago

About 34 Flamingo Avenue

This Cottage is comprised of 1 bedroom and 1 bathroom. It is situated at 34 Flamingo Ave. It approximates 700 sq ft in size and sits on a lot that approximates 5,100 sq ft. It is a part of the middle-income neighborhood of the Greater Chippingham Subdivision. It is leased and occupied by long term tenants and currently generates rental income of $500 monthly which can be increased with upgrades and if not, converted to a single-family home by approved expansion which allows up to two stories. It is near to all modern conveniences. $6,000 in annual rental income after expenses of 30%, results in $4,200 net earnings. Overall, the property needs renovations and can be a great fixer upper given that it is priced right.

Listing Courtesy of Bahamas MLS

Property Details

Area
Chippingham
Sewer
Septic - Yes
Stylet
Apartment
Water
City

Exterior

Roofing
Asphalt Shingle

Unit Information

Bathrooms
1
Bedrooms
1

1 OAK Team

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