MULTI-FAMILY RESIDENCE ON CRANBROOK DRIVE

  • $1,295,000
George Town, Cayman Islands
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • No
  • Garage
  • 4350
  • Sq Ft
  • 2005
  • Year Built

CIREBA MLS LDX feed courtesy of COLDWELL BANKER CAYMAN ISLANDS REALTY

Description

44 CRANBROOK is a beautifully maintained residential property in the heart of George Town that offers incredible potential for investors and families alike.

Configured as a multi-family development with 4 separate residences, this investment offers the prospective purchaser an excellent rental vehicle, or the opportunity to both occupy and achieve rental income. The ground floor features a 2-bedroom, 2-bathroom apartment with an open-plan living and dining area, providing easy access to garden and outdoor areas. Additionally, there is a cozy 1-bedroom studio with a private entrance, offering excellent privacy and independence. The upper level boasts another 2-bedroom, 2-bathroom apartment with an exterior entrance and a 500 sq. ft. sundeck/patio, perfect for relaxing and entertaining. A detached 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway with no shared walls, providing both privacy and comfort.

This property offers a projected NET ROI of 5% from rental income, and accommodates multiple tenants while maintaining privacy for all residents.

Details

Updated on September 10, 2024 at 6:49 pm
  • MLS#: 418113
  • Price: $1,295,000
  • Property Size: 4350 Sq Ft
  • Bedrooms: 7
  • Bathrooms: 7
  • Garage: No
  • Year Built: 2005
  • Property Type: Residential
  • Property Status: Current

Additional details

  • Views: Garden View
  • Lot Size: 0.0000
  • Pool: No
  • Den: No
  • Pets Allowed: Yes
  • Foundation: Slab
  • Block: 20D
  • Parcel: 153
  • Floor Level: 1
  • City George Town
  • Area 40
  • 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.

MULTI-FAMILY RESIDENCE ON CRANBROOK DRIVE

  • $1,295,000
George Town, Cayman Islands
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • No
  • Garage
  • 4350
  • Sq Ft
  • 2005
  • Year Built

CIREBA MLS LDX feed courtesy of COLDWELL BANKER CAYMAN ISLANDS REALTY

Similar Listings

  • $1,990,000

CATALINA BAY SECOND FLOOR CORNER

  • 3
  • Bedrooms
  • 3.5
  • Bathrooms
  • 2048 Sq Ft
  • Sq Ft
  • MLS#: 416324

  • $510,000

DOWNTOWN REACH TOWNHOUSE

  • 2
  • Bedrooms
  • 2.5
  • Bathrooms
  • 1356 Sq Ft
  • Sq Ft
  • MLS#: 416695

  • $1,195,000

NAVIS CLOSE MULTI FAMILY – 8+ RENTAL UNITS

  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • Yes
  • Garage
  • 4658 Sq Ft
  • Sq Ft
  • MLS#: 416880

  • $2,665,000

Compare listings

Compare