Block of flats for sale

2nd Avenue, Station Hill, St Michael

For sale – Apartment Building, Station Hill, St. Michael
Price: $525,000 bbd (us$262,500) - or nearest offer
Type: Multi-Unit Residential Investment
Location: 2nd Avenue, Station Hill, St. Michael – between Warrens & Bridgetown
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Property Overview
Located in a friendly residential neighbourhood, this well-maintained two-storey apartment building offers a solid, immediate income stream and long-term investment stability.
The property comprises four (4) self-contained 1-bedroom, 1-bathroom apartments, all of which are nearly identical in layout and finish. Each unit features:
• Open-plan living & dining area
• Functional kitchen
• One bedroom
• One bathroom
• Solar water heater system
The building is approximately 20 years old and has been kept in very good condition.
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Income & Investment Benefits
• Current Rental Income: Approx. $6,000 bbd per month
• Strong rental demand due to proximity to major amenities
• Ideal for investors seeking immediate ROI
• Simple, low-maintenance layout
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Property Details
• Building Size (including patios): Approx. 2,800 sq. Ft.
• Land Size: 3,255 sq. Ft.
• Solar water heating
• Quiet residential area
• Centrally located between Warren's commercial district and Bridgetown
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Buyer Requirements
Viewings strictly for:
• Pre-approved buyers with a recent mortgage certificate, or
• Cash buyers with proof of funds
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Perfect For
• Investors building a rental portfolio
• Buyers seeking reliable monthly rental income
• Persons looking for a multi-unit property with long-term value