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GEORGE TOWN TRIPLEX ON 0.25 ACRES HIGH DENSITY RESIDENTIAL LAND

George Town South, Cayman Islands | MLS#: 417639 | Status: New

CI$605,000

For Sale
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CIREBA MLS LDX feed courtesy of TEN SAILS PROPERTY GROUP LTD

About This Property

This triplex consists of 3 spacious 2-bedroom /1-bathroom apartments, each with a large living room area, sizable bedrooms and a large kitchen with access to screened-in porches overlooking the backyard. Each unit has 2 parking spaces in the front of the property. The units are individually metered for water and electricity (CUC). This charming wood-frame structure is built on a 0.25 acre High-Density Residential land. It has a solid concrete foundation and is elevated 9 feet above sea level. The location is convenient and within walking distance of the George Town hospitals and Walkers Road schools. The property is very low maintenance and has the following annual expenses: Insurance - CI$2500 AC Maintenance - CI$1200 Pest Control - CI$800 Landscaping - CI$1200 While the property may require a little TLC, its prime location and land zoning offer endless possibilities for renovation and future expansion. Don't miss the chance to transform this into a lucrative investment opportunity! The units are currently all tenanted, so kindly allow 24 hours notice for viewings.

Property Features

  • Property Type
    Multi-Unit (Triplex)
  • Bedrooms
    6
  • Bathrooms
    3
  • Property Size
    2979.00 Sq Ft
  • Block
    14E
  • Den
    No
  • Parcel
    219
  • Views
    None
  • Year Built
    1986
  • Foundation
    Slab
  • Furnished
    Yes
  • Garage
    No
  • Zoning
    High Density Residential

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CI$121,000
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CI$484,000
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CI$2,598
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Property Location

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

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