Overview

Well-maintained 5-family residential income property in a prime location, minutes from town and major shopping areas. This multiunit building offers consistent returns and immediate cash flow, with proximity to schools, supermarkets, restaurants, public transportation, and essential services that contribute to tenant demand and low vacancy rates.

Income and Investment

Current rental income is reported at approximately $300,000 per month, providing immediate revenue with potential for future growth. The five self-contained residential units create diversified rental streams within a single property, supporting steady cash flow for an investor-focused portfolio.

Property Features

The property contains five self-contained residential units with spacious layouts and comfortable living areas. Each unit includes a functional kitchen and bathroom. Separate utility meters are installed for individual utility monitoring and billing. The building sits on approximately 0.1607 acres and has low-maintenance yard space. Construction features finished concrete siding and ceramic tile flooring throughout. Total living area is approximately 4,500 square feet, with a combined total of eight bedrooms and five bathrooms, and open parking available on site. Water and sewer service are provided by NWC.

Location Details

Located at 1169 Bogue Heights Drive, Bogu, St. James, Jamaica, the property is well positioned for both tenants and investors due to its convenient access to local amenities and transportation. The style is listed as House, and the property is offered for sale.