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MULTI-FAMILY RESIDENCE ON CRANBROOK DRIVE

Cranbrook, George Town East, Grand Cayman, Cayman Islands

MLS# 418113

Property Price

CI$1,295,000
Multi-Family Residence on Cranbrook Drive
All Images
CIREBA MLS LDX feed courtesy of COLDWELL BANKER CAYMAN ISLANDS REALTY
44 CRANBROOK is a beautifully maintained residential property in the heart of George Town that offers incredible potential for investors and families alike.

Configured as a multi-family development with 4 separate residences, this investment offers the prospective purchaser an excellent rental vehicle, or the opportunity to both occupy and achieve rental income. The ground floor features a 2-bedroom, 2-bathroom apartment with an open-plan living and dining area, providing easy access to garden and outdoor areas. Additionally, there is a cozy 1-bedroom studio with a private entrance, offering excellent privacy and independence. The upper level boasts another 2-bedroom, 2-bathroom apartment with an exterior entrance and a 500 sq. ft. sundeck/patio, perfect for relaxing and entertaining. A detached 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway with no shared walls, providing both privacy and comfort.

This property offers a projected NET ROI of 5% from rental income, and accommodates multiple tenants while maintaining privacy for all residents.

Features

7 Bedrooms
7 Bathrooms
  • Location:George Town East
  • Year Built:2005
  • Views:Garden View
  • Type:Multi-Unit, Apartment Building / Condo Building (For Sale)
  • Square Feet:4,350
  • Acres:0.25
  • Status:Current
  • Area:40
  • Den:No
  • Pets Allowed:Yes
  • Block:20D
  • Parcel:153

Property Features

  • Foundation: Slab
  • Garage: No
  • Pool: No

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*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).