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$ 640,000
Est. payment /mo
Active
42 BELLOT ROAD New Providence/Paradise Island
4 Beds
3 Baths
4,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $160
MLS Listing ID 66984
Style Multi-Family Lot
Bedrooms 4
Lot Size 0.579 Acres
Property Description
High-Yield Multi-Family Investment – Bellot Road This is a rare value-add investment opportunity offering strong upside potential on an expansive 25,200 sq. ft. lot in a prime Bellot Road location. The existing structure features approximately 3,700 sq. ft. across two floors, currently configured as a 4-bedroom, 2-bathroom residence, with a large terrace/deck, four parking spaces, and a fully enclosed yard—ideal for future tenant appeal. What truly sets this property apart is the approved expansion potential: Plans are already in place for four (4) two-bedroom apartment units, with construction completed up to foundation level, significantly reducing development time and upfront costs. 💰 Investment Highlights 25,200 sq. ft. lot – ample space for expansion and added value Value-add opportunity – renovate and complete for maximum returns Multi-income potential – main house + 4 additional rental units Strong rental demand area Reduced construction timeline (foundation already completed) Ideal for long-term rental or mixed-use strategy. Call the Agent to view this opportunity.
Location
Community Gladstone Road
Area Gladstone Road
Building/Complex Name New Providence/Paradise Island
Interior
Interior Features Main Level Entry, Fully Fenced, Hurricane Windows
Cooling Split
Exterior
Exterior Feature Patio, Porch, Fruit Trees
Parking Features Open
Roof Type Asphalt Shingle
Building
Lot Description Landscaped, Road - Paved
Foundation Yes
Sewer Connected
Water City
Structure Type Concrete Block
Courtesy of: The Bahamas MLS
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