Investment Property for Sale, 6

Price

$599,000

ID: d274af
Listed: 27 Sep 2023

Bedrooms

6

Bathrooms

5

Internal area

3,513 sqft

Common area

29,620 sqft

Experience the Best of Caribbean Living in this Centrally Located Residential Apartment Building

A Gem in a Rapidly Evolving Neighborhood

Convenience is key, and this established two-story residential apartment building offers just that. Located in a rapidly evolving neighborhood, it is within close proximity to health care facilities, local restaurants, supermarkets, businesses, and transport routes. Set on a fully fenced and gated 0.68-acre property, surrounded by mature landscaping, this gem offers privacy and tranquility.

Key Highlights of This Property:

  • A large two-bedroom residence on the top floor
  • Three separate apartments with open plan kitchen/dining on the first floor
  • A second-floor two-bedroom apartment with approximately 1750 sf of living space
  • Three ground-level one-bedroom apartments, all furnished with A/C and ceiling fans

Comfortable and Affordable Living

The second-floor apartment boasts a spacious layout with a covered deck and BBQ area, perfect for entertaining guests. The large kitchen, recently upgraded cabinetry, and propane stove provide a functional and stylish space for culinary enthusiasts. With ensuite bathrooms, walk-in closets, lockable storage space, and separate washer and dryer, this apartment offers all the amenities for comfortable living. The Mitsubishi wall-mounted air-conditioning ensures a cool and inviting atmosphere.

The ground-level apartments consist of three one-bedroom units, each furnished with A/C and ceiling fans. Unit 2, a large corner unit, features a cozy living space and a covered and screened entryway. Units 3 and 4 are studio apartments, offering a compact yet functional living space. Each apartment has ensuite bathrooms and separate external laundry facilities assigned to them.

Potential for Long-Term Rental Business or Further Development

With the ongoing construction of The Strand Resort in Cooper Jack, just a short drive away, and the current shortage of rental accommodation in the TCI, this property presents ample opportunity and flexibility. Whether you choose to continue it as a long-term rental business or explore further development possibilities, this property is a wise investment in the Caribbean real estate market.

Contact us today to seize this opportunity for comfortable and affordable Caribbean living!

Speak with an Expert

Feel like exploring the Dominican? Start the day with a hike on one of Playa Moron’s many trails. Weave your way around the gated community to find secluded sandy coves for swimming and paddleboarding.

Price

$599,000

ID: d274af
Listed: 27 Sep 2023

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