NEW PRICE !! FIXER UPPER APARTMENT COMPLEX CONSISTING OF 4 APARTMENTS IN WARWICK FOR SALE- $660,000

ID #:589518
$660,000
Warwick, Warwick WK09 Bermuda
Property Size: .19

Presented By:

Bermuda Property Link Ltd. Donna Evans Sales & Rental Associate

Phone: 441-232-7272
Mobile: 441-704-8938
Email: donna@bermudapropertylink.com
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Property Details

Description:

This standalone bi-level four apartment complex in Warwick that sits on .19 acres is an excellent opportunity for the first time home owner with rental income, family seeking a home together, or can be developed as an investment property. There are many possibilities with this foot print especially for the contractor or architect.

The Johnston apartments were built in 1906 with some areas remodeled in 1950 but will require additional upgrades particularly in the kitchens and bathrooms. They consist of (two) one bedroom and (two) two bedroom units. There is a shared detached laundry room for all tenants.

It’s located within 10-15 minutes to the City, walking distance to Lindos supermarket, private school, a main bus route and restaurant. All units are presently occupied on a month to month agreement and under rent control. (After renovations new owners may have re-assessed). Property Tax: $300 yearly per unit.

Zoned Residential 1 on a lot measuring .19 acres and interior square footage of 1,493

To arrange a tour, email or call the Sole Listing Agent.




 

Unit Details

1. LOWER FLOOR EAST APARTMENT 1 level(s), 1 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage
2. UPPER FLOOR EAST APT 1 level(s), 1 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage
3. UPPER FLOOR WEST APT 1 level(s), 2 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage
4. LOWER FLOOR WEST APARTMENT 1 level(s), 2 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage

Features

Property Features:

  • Shared Laundry
  • Stone Walls
  • Close to Hamilton City
  • Near Gas Stations
  • Close to Shops
  • Close to Schools
  • Near Grocery Shops
  • Close to Beaches
  • Close to Bus Route
  • Close to Restaurants
  • Balcony
  • Garden
  • Assessment Number Available
  • Assigned Parking Bay
  • Traditional
  • DSL Ready
  • Cable Ready

Lot Features:

  • Main Street Location
  • Residential 1

Community Features:

  • Close Distance from Schools
  • Community Playground

Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in. All information is deemed reliable but its accuracy is not guaranteed and the viewer should independently verify all information.