Overview
- Property ID
- 20631
- 5 Bedrooms
- 4 Bathrooms
- Year Built: 2018
Description
Investment Opportunity: Multi-Unit Property in Frank Sound
Duplex with Workshop
Presenting a fantastic investment opportunity in the family-friendly community of Frank Sound. This spacious multi-unit property, free from strata fees, offers great potential for rental income.
Unit 1: Completed
• Interior Size: Over 1,950 sq. ft.
• Layout: 3 Bedrooms, 3 Bathrooms
• Features:
• Lovely living and dining areas
• Huge master bedroom with 2 closets
• Additional bedroom with a large walk-in closet
• Modern kitchen with stainless steel appliances, granite countertops, and custom-built cabinets
• Front porch with impact glass doors
• Extra family room with its own bathroom and kitchen, separate entrance, and porch
• Fully remodelled bathrooms, new floor tiles, and a new central A/C system
• Ample storage space and extra closets throughout
This unit includes an apartment that can be rented out immediately for additional income.
Unit 2: Near Completion
• Interior Size: Over 1,323 sq. ft.
• Layout: 5 Bedrooms, 3 Bathrooms
• Status: 95% complete, requiring only finishing and electrical work
• Potential: Can be divided into three separate rental units, with approved plans
Unit 3: Near Completion
• Interior Size: 410 sq. ft.
• Layout: 1 Bedroom, 1Bathroom
• Status: Needs electrical and finishing work
Property Features:
• Construction: Solid concrete
• Price: CI$760,000 for the entire property, including all three units
• Exterior:
• Fully filled and beautifully landscaped yard
• Fenced with a lovely front gate
• Security system with solar cameras
Location: A short drive to popular tourist attractions such as Kaibo, Rum Point, Crystal Caves, Blow Holes, and Barefoot Beach.
This is an ideal investment opportunity with significant return potential. Viewing is highly recommended to appreciate the full value of this property and its location.
For more information about this amazing property visit our CIRO’s website at https://cirealtors.org/ or https://utopiacaymanrealty.com or WhatsApp Valentino at 325-6372 or email us at utopiacaymanrealty@gmail.com
- Principal and Interest
- Property Tax
- HOA fee