Investment opportunity with a 9% roi
Property Overview
MLS # 418159 Price CI $675,000 Property Type Single Family Home Property Status Reduced Property Location Lower Valley Bedrooms 8 Bathrooms 4 Year Built 1998 Lot Size 0.28 Land area 50 SqFt View Garden View Garages No Block 38B Parcel 317 Square Feet 2800.00 Den No Pool No Foundation Slab Furnished Yes Zoning Medium Density Residential
Property Description
Seize this exceptional investment opportunity with incredible potential for further expansion. This property is already generating substantial income, with reliable tenants in place and a remarkable 9.6% ROI! The main house features 7 bedrooms and 3 bathrooms, plus a separate 1-bedroom apartment, maximizing your rental revenue. Each bedroom currently rents for CI$700 per month, with tenants covering their own utilities, while the owner only pays for internet. The apartment commands a higher rent, bringing the total monthly income to CI$6,000.
The spacious main house includes a large living room and dining area, perfect for communal living. The well-equipped kitchen features double stoves, refrigerators, and abundant cabinetry, making it ideal for multiple tenants. A separate laundry room in the backyard adds convenience for residents.
The property’s expansive green space creates a peaceful retreat with ample room for future enhancements. With recent roof replacements and meticulous maintenance, this property is move-in ready and poised for continued profitability.
This rare investment opportunity won’t stay on the market long. Schedule your appointment today to secure a property that promises immediate returns and long-term growth.
Map Location
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).