6 Bed House For Sale in Smith's - Real estate in Bermuda

Property Description

UNDER CONTRACT! Excellent Investment Opportunity in the Family-Friendly neighborhood of Town Hill, Smiths.

Nestled in the family-oriented community of Town Hill, Smiths, this property presents a fantastic opportunity for investors or anyone seeking a multi-unit residence with promising growth potential. Situated on a generous 0.768-acre lot within a Residential 2 zoning, it offers both income and future expansion possibilities.

The property comprises five well-maintained units, all currently leased to reliable tenants. These include a 1.5-bedroom, 1.5-bath cottage, a two-story, 2-bedroom home with a full bathroom, a cozy 1-bedroom flat, a studio apartment, and a two-story, 1-bedroom end unit with two full bathrooms. Each unit is in very good condition.

Additional amenities include two laundry rooms serving the tenants and two tanks, providing essential utilities. Please note that, due to the Residential 2 zoning, subdivision of the property is not permitted.

This property is a rare find—a steady income-generating asset in a friendly neighborhood, with ample room for future growth or expansion. Whether you're an investor looking for a reliable income stream or an owner seeking a versatile multi-unit home, this opportunity is worth exploring.

Viewings are available on weekdays only, specifically Tuesdays and Thursdays between 11 am and 2 pm, with 24 hours' notice required.