Fixer-Upper Investment Opportunity near Devon House and New Kingston, St. Andrew – 3 Semi-Detached Houses at 35 Waterloo Ave

  • J$ 98,500,000

Overview

Property ID: 103454
  • House
  • Property Type
  • 9
  • Bedrooms
  • 6
  • Bathrooms
  • 5,000 Sq Ft
  • Area Size

Description

Property Overview

Located near Devon House and New Kingston, and within comfortable walking distance to HWT, Tropical, Mall and Springs Plazas, this property presents a practical opportunity in a well-positioned part of St. Andrew. The offering consists of three semi-detached houses on a single parcel, each residence containing three bedrooms, two bathrooms and a carport. Roofs are built as concrete slabs, providing structural capacity to add additional units above each house if desired.

Condition and Potential Uses

This is a fixer upper. Improvement work has been started on one unit; the remaining two units require substantial renovation and in some areas full gutting. As currently configured, the three houses total nine bedrooms and six bathrooms, with approximately 5,000 square feet of total floor area. The property could continue to function as a three-family compound, which may be particularly well suited to extended families or older adults seeking to downsize while remaining close to relatives.

For an income-focused use, the existing layout could be reconfigured to create multiple self-contained units; one practical scenario is conversion into up to 10 self-contained short-term rental units, which could appeal to investors targeting the Airbnb market. A developer seeking longer-term redevelopment could consider securing adjacent land to achieve the density required for a highrise apartment project, subject to zoning and purchase of neighboring property.

Features and Utilities

Lot size: 0.2066 acres. Flooring is primarily terrazzo. Exterior walls are finished concrete. Water and sewer service by NWC. Parking includes garage space in addition to carports. The property provides a flexible canvas for renovation, adaptive reuse or future redevelopment depending on the buyer’s goals.

Location Details

Address: 35 Waterloo Ave, St. Andrew, Jamaica. Property type: House. Status: For Sale.

  • Address: 35 Waterloo Ave
  • State/county: St. Andrew
  • Zip/Postal Code: 00000
  • Area: Kingston 10
  • Country: Jamaica

Details

Updated on July 10, 2026 at 10:52 pm
  • Property ID 103454
  • Price J$ 98,500,000
  • Property Size 5,000 Sq Ft
  • Land Area 0.2066 Acres
  • Bedrooms 9
  • Bathrooms 6
  • Property Type House
  • Property Status For Sale
  • Agency First World Realty Limited

Additional details

  • Lot/Acres 0.2066
  • Sq Ft 5,000
  • Flooring Terrazzo
  • Type Property
  • Siding Finished Concrete
  • Water/Sewer NWC
  • Parking Garage & Carport

Mortgage Calculator

Walkscore

Contact Information

View Listings
Joel Grant

Enquire About This Property

Similar Listings

The information provided on NewLocay is for general informational purposes only. All property listings, descriptions, and details are provided by third-party agencies and agents or pulled from their platforms. NewLocay makes no representations or warranties of any kind, express or implied, about the accuracy, completeness, reliability, suitability, or availability with respect to the property listings or related services. Any reliance you place on such information is strictly at your own risk.NewLocay is not responsible for the actions or representations of the agents and agencies listing properties on this platform. We recommend verifying all property details and conducting appropriate due diligence before making any decisions or transactions.By using this website, you agree that NewLocay will not be liable for any loss or damage arising from the use of the information on this site.

Compare listings

Compare