Bargain, Great Rental Income Property for Sale Road Town area, Tortola

$575,000
Listing ID: HS-10051
Bedrooms: 7
Bathrooms: 6
Lot Size: 0.50 acre(s)
Living Area: 2800 sq ft
Terrace: 500 sq ft
Furnished: Part Furnished
Pets: n/d
December 16, 2019

Contact Agent:

REMAX

General Sales Inquiries
RE/MAX Luxury Properties BVI

Phone: (284) 346-7080 or (284) 495-3003

Description

Great, bargain-priced apartment located just east of Road Town off the Ridge Road at Hope Hill. Panoramic views and breezes, this property has been built on 1/2 of prime land in a quiet enclave.
The property is 2-levels with the top floor housing a 3-bed, 2-bath apartment and another 2-bed 2-bath apartment. The lower level has a separate 1-bed apartment and a studio.

The owner is currently cleaning up and refurbishing the property and is ideal for financial service clients.

There is a half-built structure located to the east of the main building that was intended to be a separate 2-bed apartment. Current rents as semi-furnished is around US $4000/month. If new owner upgrades the units a bit and furnishes them, rents should rise to around US $5300/month. Once 2-bed apartment completed and furnished owner should be able to rent for another US $2500/month bringing total potentials to US $7800/month. Great Value.

Come see this great home!

Location

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