Investment Opportunity: Multi-Dwelling House in Stony Hill, Jamaica

  • J$ 55,000,000

Overview

Property ID: 80292
  • House
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 4,500 Sq Ft
  • Area Size

Description

Exceptional Multi-Dwelling Investment Opportunity in Stony Hill

Are you on the lookout for a distinctive and lucrative property to enhance your investment portfolio? Your search ends here! This remarkable multi-dwelling house, beautifully situated in the enchanting hills of Stony Hill, presents a rare chance for astute investors to seize a profitable venture. Nestled in a tranquil hillside neighborhood, this property seamlessly blends breathtaking views with a peaceful atmosphere, all while offering substantial investment potential.

This impressive two-storey residence boasts a total of eight bedrooms, comprising four one-bedroom units, one studio, and one spacious three-bedroom unit, each equipped with its own private entrance. This layout is ideal for generating multiple streams of rental income, providing flexibility for both short-term and long-term rental arrangements. With current occupancy rates and a solid history of rental income, this property stands as a lucrative addition to any investment portfolio.

Market projections indicate a robust rental demand and significant potential for property value appreciation in this desirable area. Stand out in the competitive market with a property that not only offers scenic charm but also substantial income potential. The property, located at Redland Close in Stony Hill, Jamaica, within the parish of St. Andrew, is currently available for sale and is classified as a house.

Additional features of this property include a generous lot size of 0.2525 acres, a total living space of 4,500 square feet, and eight well-appointed bathrooms. The flooring throughout is elegantly finished with ceramic tile, while the exterior showcases a combination of wood, other materials, and finished concrete siding. For your convenience, the property is serviced by NWC water and sewer, and it also includes ample parking options, featuring both a garage and carport, along with additional parking spaces.

This multi-dwelling house is truly a unique opportunity for those looking to invest in a property that offers both charm and financial rewards.

  • Address: Redland Close Stony Hill
  • State/county: St. Andrew
  • Zip/Postal Code: 00000
  • Area: Kingston 9
  • Country: Jamaica

Details

Updated on March 16, 2025 at 1:27 pm
  • Property ID 80292
  • Price J$ 55,000,000
  • Property Size 4,500 Sq Ft
  • Land Area 0.2525 Acres
  • Bedrooms 8
  • Bathrooms 8
  • Property Type House
  • Property Status For Sale
  • Agency Esg Properties

Additional details

  • Lot/Acres 0.2525
  • Sq Ft 4,500
  • Flooring Ceramic Tile
  • Type Property
  • Siding Wood, Other, Finished Concrete
  • Water/Sewer NWC
  • Parking Garage & Carport, Additional Parking

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Walkscore

Contact Information

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Esther Gordon

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