About this property
Potential income of US$120,000 per year! Remarkable opportunity to purchase this high producing multi-unit vacation rental property across from Spotts Beach. This Caribbean Style Tri-Plex offers 3 independent 2 story units each with their own indoor laundry and independent central AC. Built in 2008, this turn key property features a fabulous wrap around deck and balcony, PGT windows, granite counter tops, extra hurricane strapping with metal roof, parking for 6 cars, and an electric meter for unit 1 and a shared electric meter for units 2 & 3. A total of 3 bedrooms and 4.5 bathrooms with a breakdown of Unit 1 1Bed/1Bath, Unit 2 1Bed/1.5Bath, Unit 3 1Bed/2Bath. Only Units 1 & 3 are currently being vacation rented which the owner manages himself, those are grossing US$80,000 total, so if you were to vacation rent all 3 units potential annual gross income will be in the range of US$120,000.Unique high producing income property with great road frontage. Call agent to view.
|Bedrooms: 3||Bathrooms: 4.5|
|Sqft: 2800||View: with a Garden View|
|Interior features: AC:Central, TV:Cable||Year Built: 2008|
|Outdoor Features: garage:No, porch:Unscreened, fence, patio, carPort:No, garage:No|
Just a short commute from the city centre, the Red Bay and Prospect areas are largely residential with a huge selection of homes to choose from with both high and low-density areas, various luxury canal front homes as well as affordable family homes. Red Bay features the Grand Harbour shopping center including a supermarket, as well as its own primary school and large sports center, making it popular with expat and Caymanian families.