Mount Pleasant Apartment Building

  • Price CI $449,000
  • Bedrooms 8
  • Bathrooms 8
  • Square Feet 2570
  • Year Built 1997
  • MLS # 409969

MOUNT PLEASANT APARTMENT BUILDING

Incredible investment property in a good neighbourhood. Comprised of 8 units including a studio apartment as well as a 3 bed and a 4 bed with shared kitchens and a shared coin laundry system. In the 3 bed portion of the property each room is CI$500 per month and in the 4 bed section, 3 of the rooms are CI$500 and the master is CI$650. The coin laundry also brings in an additional CI$250 per month. Monthly expenses average around CI$875 so overall rental income per month is CI$3,625. ROI is 8%+. With multiple room options available, the property offers excellent rental potential for owner. Property is inaccessible so interior viewings are to be done through the 3D tour.