West bay four plex investment home
CIREBA MLS LDX feed courtesy of WILLIAMS2 REAL ESTATE
- MLS # 415228
- Price CI $1,230,000
- Property Type Multi-Unit
- Property Status New
- Property Location West Bay Northwest
- Bedrooms 6
- Bathrooms 4
- Year Built 1997
- Lot Size 0.23
- Land area 10 SqFt
- View Garden View
- Block 4C
- Parcel 342
- Square Feet 0.00
- Pool No
- Furnished Yes
- Zoning Low Density residential
Fantastic investor opportunity to own this multi-family four plex in the heart of West Bay offering an impressive 6.5% ROI. Positioned on elevated land offering a high and dry location this offers the ability for the new owner to either rent out separately or indeed rent as a collective for a large family. The property consists of Two, one beds on the upper floor, two (2) beds on the ground floor, This two story property accommodates 12 people. This property offers affordable rents and is consistency rented as it offers ample off road parking which is a major plus for any landlord.
This property is newly renovated and fully furnished, offering fresh, bright interiors. The actual property sits on a corner lot which allows for privacy and also offers a regular taxi service within walking distance. This allows for tenants who don’t drive to have transport to and from work. This property is a great investment as it also has a laundry room which generates between 400 – 500 dollars a month.
West Bay offers access, the new by pass allows for uncongested traffic to Camana Bay the city center of the Cayman Islands with an array of shops and boutiques, restaurants, cinema, book stores and an array of sporting options from gyms, ryde studio and juice bars. It also allows you to drive to the world famous Seven Mile beach within minutes. Property comes fully tenanted and is ready for the new owner to be realizing a return. There are many different options, you could maintain the current tenants or indeed if you are a business owner and are finding it difficult to house your employees this could be an excellent option. Great property, in a quiet location, offering a very healthy return on investment. Please call today for a private viewing.
Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).