Selling below market value, this amazing income property is truly a “MUST BUY”.
This well priced multifamily apartment building is ideal for any owner/landlord who chooses to live in one unit, and rent the others, or just rent the entire property and collect income.
This “One of a Kind” income property is located across from the oceanfront homes/lots and sits on 2-6 acres of prime residential land.
Located in the very high demand/high-end neighborhood of Jamaica Beach St Mary, and just 10 minutes from trendy Ocho Rios, this property will always rent quickly.
The property is also perched on an acre of prime land that can be further developed for additional rental units.
Additionally, adding a third floor to the property will provide additional income as well as unobstructed ocean views.
A few of the units require minor TLC (Paint, Light Fixtures, Appliances etc.) to earn maximum rents.
This property is also surrounded by multiple beachfront homes and the area is continuously increasing in value despite the pandemic and other economic factors.
*Two – 2Bed/2 Bath Duplexes
- Duplex 1 is vacant
- Duplex 2 is currently rented for US$600 monthly
*Rear Apartment is vacant
*Market rent for each unit is US$800-$1,000 monthly
The price is negotiable and the owner is very motivated to sell.
For additional information, please contact LocatorZONE.
Caribbean: 876-805-3144 (WhatsApp)
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