House For Sale In Balmain, Trinidad And Tobago

Property Description

Income-Generating Multi-Unit Home For Sale in Trinidad - 18 Adiba Garden, Chase Village

Discover an exceptional rental investment opportunity with this meticulously configured multi-unit Home For Sale in Trinidad, perfectly situated in the desirable Adiba Garden, Chase Village, Chaguanas. This expansive property boasts a generous land size of 5,920 sq ft and a substantial total building size of 5,668 sq ft, intelligently designed to maximize rental income and offer versatile living solutions.

This property is a key listing for astute investors or homeowners seeking significant passive income, featuring four independent living units:

• Upper 3-Bedroom Main Unit: This spacious unit, approximately 2,100 sq ft, comes semi furnished, offering immediate appeal and readiness for new tenants. It is currently vacant, providing flexibility for a quick rental or owner-occupancy.

• Studio Apartment: This cozy unit, approximately 400 sq ft, is also coming semi furnished, perfect for a single occupant or couple. It is currently vacant, an excellent opportunity for immediate rental income.

• Lower 3-Bedroom Area: This large unit, approximately 2,100 sq ft, is not furnished at all, allowing tenants to personalize their living space. This unit is currently rented, ensuring consistent cash flow.

• Garage Unit (2-Bedroom): Approximately 1,068 sq ft, this unit is not furnished at all. It is currently rented, contributing to the property's robust income stream.

With a compelling total estimated rental potential ranging from TTD $13,100 to $14,500 per month when fully tenanted, this property stands out as a highly lucrative rental investment. The strategic mix of semi furnished and unfurnished units broadens its appeal to a diverse tenant demographic, optimizing occupancy rates.

Key Features Making This a Premier Rental Investment:

1. Multi-Unit Configuration: Four independent residential units designed for maximum income diversification.

2. Significant Income Potential: Projected rental income of up to TTD $14,500 per month.

3. Generous Space: Substantial 5,920 sq ft of land and a spacious 5,668 sq ft building.

4. Flexible Furnishing Options: Includes desirable semi furnished units (upper 3-bed and studio) for enhanced tenant appeal and quicker occupancy.

5. Ample Secure Parking: Features a spacious covered carport for two vehicles, plus additional open driveway space, a sought-after amenity for tenants.

Beyond its impressive income-generating capabilities, this Home For Sale in Trinidad offers practical amenities and a robust owner-built structure in a well-regarded community. It's an ideal acquisition for any astute investor looking to expand their portfolio or a discerning homeowner seeking to offset mortgage expenses through rental income.

Don't miss this opportunity to own a high-performing rental property! Contact us today to schedule a private viewing.

Contact Us:

Cen-Trin Real Estate Management Services Limited
Gill Thompson, Chin Chin Road,
Cunupia

Sales:
Michelle Boodoo 868-465-4663
michelleboodoo@centrinrealestate.com

Brokerage:
Ryan De Castro 868-322-9110
info@centrinrealestate.com

Office: 868-361-4782
centrinrealestate@gmail.com