Active

1-2-3 MARKET STREET

New Providence/Paradise Island

$560,000


$37.33 per sqft

Active

7 Beds

7 Baths

15,000 sqft

Multi-family

Built in 1999

One of a kind income producing property sitting on the main thoroughfare of Market Street and Palmetto Avenue. This mixed used complex consist of two-2 bedroom/1 bathroom apartments; one-1 bedroom/1 bathroom efficiency; one-2 bedroom/1 bathroom house; along with a wash house (housing 50 washer machines and 10 dryers) as well as a church. To the left on the property there is a large office space with one-1 bath that can be used by a Ground Keeper, Building Manager or can be easily converted into a shop of choice. All dwellings are presently occupied and conveniently located in close proximity to schools, restaurants, food stores, public transportation and shopping malls. It is not often that you see a mixed used complex come to market such as this one. The building sits on 3 lots altogether containing a gross area of 15,000 square feet, measuring 50' x 100' each. A great income generator, with some TLC can yield monthly profits averaging $6,000 or more. A very flexible price, call today and invest in your future tomorrow.

58253

MLS ID

June 20, 2024

Listed

November 21, 2024

Updated

Map

1-2-3 MARKET STREET
New Providence/Paradise Island

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

7


Full Bathrooms

7


Interior Features

Main Level Entry


Laundry Description

Shared


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres


Exterior Features

None


Lot Features

Adult Oriented, Central location, Easy Access, Family Oriented, View - City, Sidewalk, Recreation Nearby, Road - Paved, Can Be Rented, Recreational


Architectual Style

Multi-Family Lot


Roof

Asphalt Shingle


Sewer

Connected

School Information

High School

R. M. Bailey & Government Hight


Elementary School

Stephen Dillet, Columbus & Yellow Elder

Other Property Details

Area Name

Englerston


Association Fee Frequency

Monthly


Association Amenities

No Fee


Garage

No


Parking

Open


Parking Total

0


View

No


Water Source

Drilled Well


Pool

No

Listing History

Date

Event

Price

10/28/2024

Price change

$560,000

12%

Listed by with

The IDX display contains information sourced from the Bahamas Real Estate Association as of 11/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/21/2024 at 6:59 PM UTC

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