CARIELLE APARTMENT BUILDING – CAT081

US$478,487

Description

Located in the established community of Carielle, Castries, this income generating apartment building presents an excellent investment opportunity with strong rental potential and stunning Caribbean Sea views.

Set on a 7,763 sq. ft. lot, the property comprises five self contained apartments with a total building area of approximately 7,121 sq. ft. The building includes three 1 bedroom apartments and two 2 bedroom apartments, offering a desirable mix of unit types to attract a wide range of tenants.

Four of the apartments are currently rented and generating steady income, while the fifth unit is occupied by the owner. The largest apartment is a spacious top-floor 2 bedroom, 2.5 bathroom residence that enjoys the best vantage point on the property. This unit is substantially complete but requires finishing works such as tiling and other cosmetic touches, allowing a new owner the opportunity to add value and customize the space to their preferences.

One of the property’s standout features is its elevated position, which captures breathtaking, unobstructed views of the Caribbean Sea and surrounding coastline. Residents can enjoy cooling breezes and picturesque sunsets from this desirable hillside location.

The property also benefits from good road access and provides allocated on site parking for occupants, adding to its convenience and appeal. Whether you’re seeking a multi family investment property, a residence with rental income, or an opportunity to further enhance an already productive asset, this apartment building offers tremendous potential in a sought after Castries location.

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