$490,000

LOT 16 COWPEN ROAD, New Providence/Paradise Island

Property typeCommercial

Overview

Active

Listed Apr 22, 2026

Updated 3 weeks ago

This versatile commercial building presents a compelling investment opportunity, offering strong rental income potential in a high-demand area. The property comprises five one-bedroom units—three upstairs and two downstairs—each generating $800 per month, inclusive of water. Individual electricity meters for each unit ensure efficient, low-maintenance management. Enhancing its value, the property also features a commercial office space suitable for retail or professional use, creating an additional revenue stream. Altogether, the property produces a minimum monthly income of $5,200, with potential to increase returns through modest interior upgrades. Ideally situated in a thriving location, this investment offers both immediate cash flow and long-term appreciation potential. Utility efficiency is supported by well water and a gas water heater, further appealing to discerning investors. Don’t miss this outstanding opportunity to secure a high-performing commercial asset

Other Property Details

Association Fee Frequency: Monthly

Listed by AIKMAN BUTLER with

The IDX display contains information sourced from the Bahamas Real Estate Association as of 9/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/17/2026 at 3:15 AM UTC