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A solid investment with projected 9% return on investment after closing costs and repairs. Concrete block construction, built by one of Hope Town's most reputable builders, Kevin Albury. The main building has a total of 3,800 sq. ft. of finished living space, and 760 square ft. of verandah. There are 7 apartments: 3 - 2b/1b upstairs, and 4 - 1b/1b on the ground floor. A separate 144 sq. ft. CBS laundry room is conveniently located on the property for all tenants. The potential for a coin laundry open to the public could be a prosperous sideline business. Centrally located in White Sound on a 11,553 square ft. lot with room to expand. Cistern size: 16,000 gallons. Excellent rental history. Hurricane damage due to hurricane Dorian includes: Roof damage estimated at $50,000-$75,000. All damaged sheetrock and insulation have been removed. Other damage: rails, paint and some windows and doors. Being sold "as is". Listed by KERRY SULLIVAN REAL ESTATE

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Property Information

list price: $550,000
mls: 40120
title: Freehold
total sqft: 3,800
finished: 3,800
lot size: 11,553 sqft
bedrooms: 10
bathrooms: 7
flooring: Ceramic Tile
basement type:
roof: Asphalt Shingle
construction: Concrete Block
foundation: Yes
parking type: Open
year built:
water: Rain Water
waste: Septic - Yes
property type: Apartment Complex
title of prop:
condo/maint. fee: $0
style: Other
lot #: B-18A
block #:
rental amount:
legal descr: Lot B-18A, White Sound, Elbow Cay, Abaco

Open House Information

There are no upcoming open houses available for this property at this time.

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Not intended to solicit properties already listed for sale.
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