Multi-Storey Corner Residence with Ocean Views and Income Potential

This multi-storey residence occupies a gently sloping corner lot of approximately 0.14 acres at Marcus Garvey Way (formerly Market Street) and Davis Street, offering ocean views from the upper balcony and multiple access points, including a single-storey garage. The building is arranged across three levels and is currently divided into several self-contained studio units in addition to a main living area that includes multiple bedrooms, bathrooms, and kitchens.

Constructed with finished concrete siding and ceramic tile flooring, the property totals about 6,087 square feet and contains 10 bedrooms and 8 bathrooms. The lower level includes a finished basement and garage parking, while upper levels provide the units and the balcony with sea outlook. Water and sewer services are supplied by the National Water Commission.

Although the residence requires renovation and modernization, it is fully tenanted and generates immediate rental income. The flexible layout and prominent corner location create potential for a range of uses, including conversion to a modern multi-family dwelling, an income-generating apartment complex, long-term rental units, or short-stay accommodation. The combination of rental income, ocean views, and redevelopment potential makes this property well suited to an investor or homeowner prepared to undertake capital improvements.

Location: 16 Market Street, St Ann’s Bay, St. Ann, Jamaica. Property type: House. Status: For Sale.