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Listed by Thomas Watkins III Turks & Caicos Sotheby's Int'l
$ 1,499,000
Est. payment /mo
Active
KAKEKA STREET Providenciales, BC
5 Beds
5 Baths
5,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $293
MLS Listing ID 2600215
Style 1 Storey
Bedrooms 5
Full Baths 5
Year Built 2006
Lot Size 0.280 Acres
Property Description
Investment Property in Grace Bay - 3-Unit ROI Opportunity: Welcome to Hope Street, an up-and-coming neighborhood in Grace Bay, where this multifamily property presents a compelling ROI with three distinctive living spaces just minutes from the beach, acclaimed restaurants, shopping and golf. Located in an area where short term rentals are at a premium, the property features two upper-level two-bedroom, 2-bath homes with private outdoor spaces and a pool, plus a third lower-level/ground-space on the south side with a generously sized one-bedroom, one-bath apartment with expansive outdoor entertainment area and a plunge pool ideal for guests or residents and offering flexible options for long or short-term rentals. All three units have separate power meters so can be leased separately, providing diversified income streams and strong rental potential for steady cash flow. A paved access driveway leads to the two upper units, framed by tropical palms, with well-landscaped and fenced outdoor areas that ensure privacy and a resort-style feel; separate pools and entertaining areas create ideal settings for relaxation and entertaining. Situated in Grace Bay's sought-after area with easy access to the beach, dining, and shopping, this property offers an excellent investment opportunity and a chance to enjoy a vacation home on your own travels.
Location
State BC
Community 60810 - The Bight: The Bight
Area 60810 - The Bight: The Bight
Interior
Interior Features Dining Area, Dishwasher, Kitchen, Living Room, Refrigerator, Washer/Dryer
Cooling Split
Exterior
Exterior Feature Balcony, Pool Inground
Amenities Available Dining Area, Dishwasher, Kitchen, Living Room, Refrigerator, Washer/Dryer
View Garden View
Building
Lot Description Landscaped
Foundation Slab
Sewer Septic Tank
Water City Water
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