RANKIN DR MULTI-UNIT PROPERTY

  • $600,000
George Town, Cayman Islands
  • 11
  • Bedrooms
  • 11
  • Bathrooms
  • 3415
  • Sq Ft
  • 1990
  • Year Built

CIREBA MLS LDX feed courtesy of RAINBOW REALTY LTD.

Description

Situated on 0.67 acres of land, the subject parcel holds a modest residential property. It consists of multiple buildings, including Building A, a converted concrete dwelling with three apartments. Building A features two one-bedroom units and a studio apartment. Building B is a timber-framed structure housing two additional one-bedroom apartments. Building C comprises three small one-bedroom units at the front and two new one-bedroom units at the rear. Additionally, there is a separate one-bedroom apartment known as Building D. The property offers amenities such as a swimming pool with a deck, two gazebos, a storage unit, and a garage. At the rear, there is an undeveloped section of land spanning 0.28 acres.

The property is in a basic condition overall. Unit 10 has been recently renovated and is well-presented. However, the former main house and its attached apartments have suffered significant flood damage. The buildings have various construction features, including reinforced concrete and block foundations, lumber-framed exterior walls with cladding, pitched lumber roofs with asphalt shingles, and aluminum windows. Inside, you will find tiled floors, painted walls, and standard-quality fixtures. The property is serviced by mains electricity and water. The owner-occupied unit has a central air conditioning system, while the other apartments have window-mounted units. Full telecommunications services are available, and there is a propane gas supply on site.

Details

Updated on October 3, 2023 at 9:47 am
  • MLS#: 416269
  • Price: $600,000
  • Property Size: 3415 Sq Ft
  • Bedrooms: 11
  • Bathrooms: 11
  • Year Built: 1990
  • Property Type: Multi-Unit
  • Property Status: Current

Additional details

  • Views: Garden View
  • Lot Size: 0.6700
  • Pool: Yes
  • Furnished: Partially
  • Zoning: Low Density residential
  • Block: 20E
  • Parcel: 259
  • Address Rankin Drive
  • 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.

RANKIN DR MULTI-UNIT PROPERTY

  • $600,000
George Town, Cayman Islands
  • 11
  • Bedrooms
  • 11
  • Bathrooms
  • 3415
  • Sq Ft
  • 1990
  • Year Built

CIREBA MLS LDX feed courtesy of RAINBOW REALTY LTD.

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