Investment Opportunity in Mandeville

This remarkable investment property, nestled on an expansive 2.17 acres of land, is located in a highly sought-after area near Mandeville schools and banks. It presents an exceptional opportunity for generating substantial rental income and enjoying property appreciation over time. The estate features two distinct houses, making it a versatile investment that caters to a variety of tenant needs.

The first house is designed with four self-contained flats, each offering unique rental options for prospective tenants. The flats include:

• A charming 1-bedroom, 1-bathroom flat complete with a spacious wraparound balcony, perfect for relaxation and outdoor enjoyment.
• A second 1-bedroom, 1-bathroom flat, providing a cozy living space for individuals or couples.
• A 1-bedroom, 1-bathroom flat that is in need of repairs, presenting an opportunity for renovation and increased rental value.
• A larger 2-bedroom, 2-bathroom flat, also requiring repairs, which could be transformed into a lucrative rental unit.

These flats offer remarkable flexibility in terms of rental pricing and can attract a diverse range of tenant demographics. This diversity allows for multiple income streams and the potential for higher occupancy rates, making it an attractive investment for any savvy buyer.

The second house is a spacious 3-bedroom, 3-bathroom residence that includes a self-contained flat, making it an ideal option for either rental income or personal occupancy. The generous layout and ample living space make it a desirable home for families or individuals seeking comfort and convenience.

One of the standout features of this property is its proximity to Mandeville schools and banks, which enhances its appeal to potential tenants. Renters will appreciate the convenience and accessibility of living in such a prime location, ensuring a steady demand for rental units.

Additionally, each house is equipped with its own water tank, providing tenants with consistent access to a reliable water supply, further ensuring their comfort and convenience. The property boasts a total of 9 bedrooms and 8 bathrooms across both houses, with a total square footage of 94,643. The flooring is elegantly finished with ceramic tile, and the siding is constructed from durable finished concrete.

Located at 44 Perth Road, Mandeville, Manchester, Jamaica, this property is currently available for sale and represents a unique opportunity for investors looking to capitalize on the growing rental market in the area. With ample parking options including a garage and carport, this property is designed to accommodate the needs of both tenants and owners alike.