GEORGE TOWN TRIPLEX ON 0.25 ACRES HIGH DENSITY RESIDENTIAL LAND

  • $605,000
George Town, Cayman Islands
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • No
  • Garage
  • 2979
  • Sq Ft
  • 1986
  • Year Built

CIREBA MLS LDX feed courtesy of TEN SAILS PROPERTY GROUP LTD

Description

This triplex consists of 3 spacious 2-bedroom /1-bathroom apartments, each with a large living room area, sizable bedrooms and a large kitchen with access to screened-in porches overlooking the backyard.

Each unit has 2 parking spaces in the front of the property. The units are individually metered for water and electricity (CUC).

This charming wood-frame structure is built on a 0.25 acre High-Density Residential land. It has a solid concrete foundation and is elevated 9 feet above sea level. The location is convenient and within walking distance of the George Town hospitals and Walkers Road schools.

The property is very low maintenance and has the following annual expenses:

Insurance – CI$2500
AC Maintenance – CI$1200
Pest Control – CI$800
Landscaping – CI$1200

While the property may require a little TLC, its prime location and land zoning offer endless possibilities for renovation and future expansion. Don’t miss the chance to transform this into a lucrative investment opportunity!

The units are currently all tenanted, so kindly allow 24 hours notice for viewings.

Details

Updated on July 27, 2024 at 1:47 am
  • MLS#: 417639
  • Price: $605,000
  • Property Size: 2979 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 3
  • Garage: No
  • Year Built: 1986
  • Property Type: Multi-Unit
  • Property Status: Pending/Conditional

Additional details

  • Views: None
  • Lot Size: 0.2500
  • Pool: No
  • Pets Allowed: Yes
  • Foundation: Slab
  • Furnished: Yes
  • Zoning: High Density Residential
  • Block: 14E
  • Parcel: 219
  • Address Columbus Close
  • City George Town
  • Area 30
  • Country Cayman Islands

Mortgage Estimate

Your estimated monthly mortgage payment:
Monthly
  • Principal & Interest

Additional fees such as C.I Government Stamp Duty, bank commitment fees, and other minor closing fees could be added onto final purchase price.

Talk to one of our experience Corcoran agents who will guide you through your purchasing journey.

GEORGE TOWN TRIPLEX ON 0.25 ACRES HIGH DENSITY RESIDENTIAL LAND

  • $605,000
George Town, Cayman Islands
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • No
  • Garage
  • 2979
  • Sq Ft
  • 1986
  • Year Built

CIREBA MLS LDX feed courtesy of TEN SAILS PROPERTY GROUP LTD

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