CANAAN LANE
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Description
Zoned multifamily residential is this approximately 6,300 sq ft lot in Canaan Lane just off of busy Shirley St, which is 50 yards before Nassau Motors, when traveling east. The neighbourhood’s infrastructure is in good condition. Average lot size in the area is the same 7,000 sq ft. Area demographics are represented by lower to middle income persons residing in mostly single famnily residences. Ideal location and priced right to construct a combination of low income 2 bed 2 bath, 2 bed 1 bath or 1 bed 1 bath apartments that can attract high demand monthly affordable rentals ranging between $600 to $1,000 monthly. Construction can be 2 stories. The area is located in close proximity to most modern conveniences such as schools, hospitals, grocery stores, gas stations etc, which are all within walking distance.
Courtesy of The Bahamas MLS.
The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer's personal, non- commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS.
Listing Details
- Property Type: Lots/Acreage
- MLS ID: 55959
- Island: New Providence/Paradise Island
- Area: Palmdale
- For Sale