Overview
- Updated On:
- March 19, 2026
- 3 Bedrooms
- 3 Bathrooms
- 1 ft2
Description
Located in the heart of Malcolm Allotment, Kennedy Subdivision, this income-producing property presents an excellent opportunity for investors seeking strong rental demand in a highly populated area of Nassau, New Providence. The property currently features three 1-bedroom, 1-bathroom efficiency units, each generating $750 per month, providing immediate and reliable cash flow.
Adding significant upside potential, the property also includes an unfinished structure at the rear, already constructed and intended to accommodate an additional three 1-bedroom, 1-bathroom units upon completion. This creates a clear pathway to substantially increase rental income and overall property value.
Located within a well-established community and conveniently close to schools, public transportation, shopping, and essential amenities, the property benefits from consistent tenant demand. With both existing income and future development potential, this property is ideal for investors looking to maximize returns in a high-demand rental market.
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
