Courtesy of The Bahamas MLS

24 Lancaster Place Triplex, Grand Bahama/Freeport

$495,000

0 Beds
0 Baths
4,080 Sqft
.47 Acres
0 Garages

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.

Essential Information
MLS® #34744
Price$495,000
Square Footage4,080
Acres0.47
TypeCommercial
Sub-TypeBusiness Opportunity
Community Information
Address24 Lancaster Place Triplex
AreaBell Channel
CityGrand Bahama/Freeport
StateBahamas
Amenities
Has PoolYes
Interior Features

Air Conditioning Fully, Pool Outdoor, Fenced

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