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Posted: 7 months ago
Condition: Brand New
Category: Office & Commercial
Specification: For Sale, Office & Commercial, Commercial parcel with 10 rental units, Maple Road
Description:
The Property comprises two separate buildings, each arranged over two storeys with a car park in front. There is also a shared laundromat to the rear of Building 47.
Each building provides five apartments, with both buildings providing two apartments on the ground floor and three apartments on the second floor.
Building 47 provides five units of two bedrooms and one bathroom as well as kitchen and living areas.
Building 37 provides two ground floor units of two bedrooms and one bathroom and the upper floor units are three units comprising one bedroom and one bathroom.

37 Maple rd. Building Parcel 402: 3,350 sq. ft.

47 Maple rd. Building Parcel 403: 5,200 sq. ft.

Total Gross External Area: 8,550 sq. ft.

37 Maple Rd have been the subject of extensive renovations that included: Total Reno to a very high condo quality standard of 3 one bedroom units. Natural stone floors, marble baths, frameless shower glass doors, natural solid wood kitchens, split unit AC systems, all new plumbing and wiring. New Stucco on the exterior. New Standing seam roof. Construction of the new water meter panels enclosure and piping for individual meters. Total costs over $300,000 KYD. Building is fully occupied with below market rents.

47 Maple Rd does require some TLC but is fully occupied with rents also well below market. Net annual income is well over $180,000 KYD . All tenants paying their own CUC. All units are individually metered for electricity by CUC.

Buyers/realtors are free to enter the property grounds during business hours.

Email Address: SANPEDRO2020@GMAIL.COM
Contact: 1(345) 321-3025

Grab this great deal!

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*Please note that this is not the property of Island Xchange. For inquiries regarding inspection or purchase, please contact the number provided above.*
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0.46acre Commercial Parcel

$ 2,395,000

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