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$495,000.00
- Bell Channel Grand Bahama/Freeport

Street Name: 24 LANCASTER PLACE TRIPLEX
Area: Bell Channel
Island: Grand Bahama/Freeport
Description: Great area, great income potential! This triplex is located In desirable Bell Channel subdivision area, in walking distance to beautiful as well as popular Taino beach. Fish Fry on Wednesday nights is a short stroll away! Just about everything is 10 minutes away, including downtown, airport, etc. Long term income potential of these 2 bedroom 2.5 bath townhouse units are: $1100/month for two units, $1400/month for the third unit. Two of the units are currently rented. This property has tremendous potential for short term rentals given this location. Monthly unit price on long term basis - with tenant paying his utilities such as electricity and cable/ internet, equals weekly unit price on short term with utilities all included. No property tax! Land service fee is $224 annually. It might be worth exploring this income potential closer and becoming a Landlord.
Listed Price: $495,000.00
Property Type: Business Opportunity
Major Type: Multi-Family
SqFt Total: 4080
Currency: USD
Lot SqFt: 20480
Amenities: Air Conditioning Fully, Fenced
Sale or Rent: For Sale Only
MLS Number: 34744
Status: Active
Date Listed: 2018-08-27
214 Views
1.3 out of 5 (3 votes cast)
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Abaco Real Estate Agency, LTD.
Contact: Abaco Real Estate
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