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CIREBA MLS LDX feed courtesy of SHORELINE PROPERTIES CAYMAN ISLANDS
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INVESTMENT OPPORTUNITY WITH A 9% ROI
(Cayman Kai, Rum Point & Northside, Cayman Islands)CI$675,000
- 8 Bedrooms
- 4 Bathrooms
- 2,800 Sq. Ft.
- 0.28 Acreage
MLS# 418159
Seize this exceptional investment opportunity with incredible potential for further expansion. This property is already generating substantial income, with reliabl...
Property Description
Seize this exceptional investment opportunity with incredible potential for further expansion. This property is already generating substantial income, with reliable tenants in place and a remarkable 9.6% ROI! The main house features 7 bedrooms and 3 bathrooms, plus a separate 1-bedroom apartment, maximizing your rental revenue. Each bedroom currently rents for CI$700 per month, with tenants covering their own utilities, while the owner only pays for internet. The apartment commands a higher rent, bringing the total monthly income to CI$6,000. The spacious main house includes a large living room and dining area, perfect for communal living. The well-equipped kitchen features double stoves, refrigerators, and abundant cabinetry, making it ideal for multiple tenants. A separate laundry room in the backyard adds convenience for residents. The property’s expansive green space creates a peaceful retreat with ample room for future enhancements. With recent roof replacements and meticulous maintenance, this property is move-in ready and poised for continued profitability. This rare investment opportunity won’t stay on the market long. Schedule your appointment today to secure a property that promises immediate returns and long-term growth.
Key Features
Property Type:Residential
Listing Type:Single Family Home
Property Status:Reduced
Year Built:1998
Address:Old Yard Lane, Cayman Kai, Rum Point & Northside
Views:Garden View
Block:38B
Parcel:317
Foundation:Slab
Zoning:Medium Density Residential
Furnished:Yes
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*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).
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