Mt. Pleasant High income Triplex 9% Net ROI

MLS: 416799

$1,075,000 KYD


PROPERTY TYPE & AGE

Home (built 1994)

No. BEDROOMS

7

No. BATHROOMS

7.5

SQUARE FOOTAGE

3570

Property Description

CASH COW! Having undergone a total renovation in 2019, adding the 2nd floor (suspended timber frame) and expanding the value. West Bay – multi-family property invites a fresh start. All three units come fully furnished, with modern updates and fixtures throughout, including access to an expansive and fenced off shared garden, with plenty of room for entertaining. Storm windows, spray foam for low a/c bills and lots of storage.  Unit A comprises 3-bed/3.5-bath, Unit B1 is a 3-bed/3-bath and Unit B2 is a 1-bed/1.5-bath. Located on Erenette lane in West Bay, one of Cayman’s fastest developing real estate markets, this property is ideally situated with nearby schools, restaurants, a supermarket and beaches. Net ROI is 9%, with potential for higher rents.  Don’t miss out on this amazing opportunity!


Property Features

  • Furnished: Yes
  • Stories: 2

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