4 & 5 CARMEN CLOSE SUB. ROAD

$550,000
11,740 Sq Ft

Income-Generating 11-Unit Apartment Complex – Blue Hill Road Area, New Providence Situated on two spacious lots totaling 11,740 sq. ft., this 11-unit apartment complex is a rare investment opportunity in the growing Blue Hill Road area of New Providence. Each unit features a 1-bedroom, 1-bathroom layout with an open-concept kitchen and living area, designed for comfortable, modern living. The building is fully rented, providing a strong and consistent stream of income with minimal management required. This property offers not only immediate returns but also excellent potential for future value appreciation. With thoughtful upgrades, there may be opportunities to enhance rental income even further, making it an attractive long-term asset. Located in a high-demand rental market with great accessibility, this complex is ideal for investors seeking a fully occupied, income-producing property with room to grow.

Quick Facts

Bedrooms11
Bathrooms11.0
Interior11,740 Sq Ft
Lot Size11,740 Sq Ft
TypeCondo / Apartment
MLS #62733

Location

Features of 4 & 5 CARMEN CLOSE SUB. ROAD

Price$550,000 Sq Ft11,740
TypeCondo / Apartment StatusActive
Bedrooms11 Bathrooms11.0
Interior Sq Ft11,740