MULTI-FAMILY and COMMERICAL PROPERTIES
44 ALTO WAY- CI $373,000 - Development to be finished
44 Alto Way Directions: Take Crewe Road, turn onto Ryan’s Road| George Town. This is a rough stone waiting to be turned into a Gem! Property is centrally located. Perfect place to have eight 1 bedroom apartments or finish the construction as two bedroom apartments. Original home at rear of property already split into apartments and income producing. Vendor has previously Approved Plans for development. Good solid concrete structure! Great Investment Opportunity!!
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84 PARTY LANE - DRASTIC REDUCTION
CI $599,000 Drastically reduced for quick sale
Property Features: Eight
1 bed units, one 2 bed unit. Gross monthly income CI$8,921. Just off
Marina Dr., turn right on Party Lane just past McRuss grocery. Tidy
little apts stay rented with electric and water included in the rent.
Great location close to everything. Proforma include in brochure link
above.
ELLREY MERREN DUPLEX - CI $499,000
Each unit has 2 beds 2 bath fully furnished with large patio deck. Lots of new items such as windows, kitchens applicances etc. Generates $4600 per mo! Cistern, well and city water for ea unit! 14 ft above sea level, on quiet st. with no through traffic. (Click Here for Brochure)
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LEMON BREEZE
CI $349,000 (+/- 10% Net Return)
Property Features: 3 units combined as one strata lot: one 2 bed 2 bath; one 1 bed / 1 bath; and one studio. Gross income CI $3995 per mo. Strata unit entitlement is only 1.5 providing for lower strata fees. 10% net net return, cash on cash!
BANKER'S ROAD DUPLEX - CI $360,000
Each unit has
2 beds 1 bath and boasts steady long-term tenants. Income is CI
$36,000 per year (units are leased at CI
$1,500 each per mo.) Set back away from main road it offers privacy.
Apt. #1 has been
renovated with wood cabinets and granite added in the kitchen. Vendor
has started to convert
the attic space into a bedroom. Apt. #2 has solid furnishings and
attic space has already been
converted to bedroom with dormer window (needs staircase for access).
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CAYMANIAN VILLAGE - 66A North Sound Rd.
CI $225,000 Reduced
Commercial Strata unit - 1,074 SQ. FT., Low Strata fees! Unit is clean,
neat and well cared for... has tile floor thoughout. Front door facing
North Sound Rd provides excellent exposure! CI $2200 per month rent,
new 12 month lease starting Nov. 2008.
