House For Sale in Warwick - Real estate in Bermuda

HSBC Bank Bermuda

House For Sale in Warwick

GREAT NEW PRICE !! FIXER UPPER APARTMENT COMPLEX CONSISTING OF 4 APARTMENTS IN WARWICK FOR SALE- $599,000
Price: $599,000
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Location:
Warwick, Bermuda
Type:
House
Availability:
Bermudian
Property Reference:
bpl_589518 - #34996

Property Description

GREAT NEW PRICE !! This standalone bi-level four apartment complex in Warwick that sits on .19 acres is an excellent opportunity for the first time home owner with rental income, family seeking a home together, or can be developed as an investment property. There are many possibilities with this foot print especially for the contractor or architect.The Johnston apartments were built in 1906 with some areas remodeled in 1950 but will require additional upgrades particularly in the kitchens and bathrooms.They consist of (two) one bedroom and (two) two bedroom units. There is a shared detached laundry room for all tenants.Its located within 10-15 minutes to the City, walking distance to Lindos supermarket, private school, a main bus route and restaurant. All units are presently occupiedon a month to month agreement and under rent control. (After renovations new owners may have re-assessed).Property Tax: $300 yearly per unit.Zoned Residential 1 on a lot measuring .19 acres and interior square footage of 1,493To arrange a tour, email or call the Sole Listing Agent.

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Price: $599,000

Bermuda Property Link Ltd.

Morston Financial
Buy this property for $2,638 pcm

To find out more about mortgages through Morston Financial, contact us today at mortgages@morstonfinancial.com or visit our website at morstonfinancial.com

Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 5.75%, 30% deposit over a 25 year period.

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