MULTI-FAMILY RESIDENCE ON CRANBROOK DRIVE

  • CI$1,295,000.00

Overview

MLS# / RMLS#: 418113
  • Semi-detached/duplex/triplex, Residential
  • Property Type
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • No
  • Garages
  • 4350.00
  • Sq Ft
  • 2005
  • Year Built

Description

CIREBA MLS LDX feed courtesy of COLDWELL BANKER CAYMAN ISLANDS REALTY

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.

Address

  • Area George Town East

Details

Updated on October 29, 2024 at 9:37 am
  • MLS# / RMLS#: 418113
  • Price: CI$1,295,000.00
  • Property Size: 4350.00 Sq Ft
  • Bedrooms: 7
  • Bathrooms: 7
  • Garages: No
  • Year Built: 2005
  • Property Type: Semi-detached/duplex/triplex, Residential
  • Property Status: MLS Listings

Contact Information

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