Kingston & St. Andrew, Kingston 8

House

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8 Beds5 Baths

Quick Summary

Price JMD $95,000,000
Property Size 10890 sq.ft
Bedrooms 8
Bathrooms 5
Property ID MLS-87054
Listing Type For Sale
Type House

Property Description

This unique residential compound, located just off of Constant Spring Road, offers a phenomenal investment opportunity with versatile options for income generation. The property consists of *five* units being sold en-bloc, including *three* 2-bedroom, 1-bathroom cottages; each with private backyards and front porches. These cottages are suitable for a nursing or independent living facility, with two residents comfortably accommodated in each unit. The two-story building houses *two* 1-bedroom apartments, perfect for management or staff, with convenient proximity to the cottages. All units have undergone cosmetic upgrades, ensuring they are in move-in condition with minimal additional work required. This property also offers significant potential for long-term rental returns. There are no restrictive covenants on the title, allowing for the possibility to subdivide the land and sell units individually for an even higher return. Whether utilized as an independent living facility, long-term rental property, or for resale after subdivision, this multi-unit real estate offering presents a flexible and lucrative opportunity with multiple avenues for maximizing investment potential.

Amenities

Interior
  • Floor Space: 2650 Sq. Ft.
  • Other Flooring: Mixed, Ceramic Tile, Terrazzo
Other
  • Garden Area
  • Grilled
  • Main Level Entry
  • Fully Walled
  • Cable
  • Wheelchair Access
Site Influences
  • Quiet Area
  • Seniors Oriented
  • Road - Paved
  • Pets Allowed

Contact Agent

EDGE REALTY JAMAICA LTD

Phone:(876) 906-4988 / (876) 908-3924
Email:edgeadmin@edgerealtyja.com
  
Courtesy of: DAVID THWAITES & ASSOCIATES

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