JMD 65,000,000
- 1055000 ft
Listing Type
For Sale
Bedrooms
10
Bathrooms
5
Square Feet
5000 ft
Lot Size
11707 ft
Interior
Ceramic, Tile
Alternative Phone
Whatsapp Number
18769460007
Property Ref
MLS-54934
Posted
Oct 18, 2023
Description
INVESTMENT PROPERTY for sale! This apartment complex sits on 1/3 of an acre, and consist of 6 separate units in total - 4 two bedroom apartments, and 2 one bedroom studios, ALL tenanted, and currently provides rental income of $180K - $200K per month to the owner. The property also has a fenced off area at the back with some fruit trees that can be used to build a dream home whilst still earning income from the apartment complex. The property enjoys cool air from the sea which is in walking distance and is visible from the third floor apartments on the building. It is approximately 10 minutes from the highway currently being built by the GOJ, and approximately 35 minutes from Kingston. Once the highway is completed property value in Albion will increase further, particularly based on demand from those looking for an alternative to living in Kingston. This peaceful community is suitable for returning residents and anyone seeking an investment property adjacent to Kingston!
Additional Information
Garden Area,Grilled,Kitchen, Built-in(s),Fully Fenced
Country
Jamaica
Parish
Saint Thomas
Town/City
Yallahs
Address
Saint Thomas DRIVE, Saint Thomas
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