New Price! Fixer Upper 4 Apartment Complex in Warwick

  • $599,000
132 Middle Road, Warwick, Bermuda

Overview

  • Multi-Unit Property
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms

Description

GREAT NEW PRICE !! This standalone bi-level four apartment complex in Warwick that sits on .19 acres is an excellent opportunity for the first time home owner with rental income, family seeking a home together, or can be developed as an investment property. There are many possibilities with this foot print especially for the contractor or architect.

The Johnston apartments were built in 1906 with some areas remodeled in 1950 but will require additional upgrades particularly in the kitchens and bathrooms. They consist of (two) one bedroom and (two) two bedroom units. There is a shared detached laundry room for all tenants.

It’s located within 10-15 minutes to the City, walking distance to Lindos supermarket, private school, a main bus route and restaurant. All units are presently occupied on a month to month agreement and under rent control. (After renovations new owners may have re-assessed). Property Tax: $300 yearly per unit.

Zoned Residential 1 on a lot measuring .19 acres and interior square footage of 1,493

1. LOWER FLOOR EAST APARTMENT 1 level(s), 1 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage
2. UPPER FLOOR EAST APT 1 level(s), 1 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage
3. UPPER FLOOR WEST APT 1 level(s), 2 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage
4. LOWER FLOOR WEST APARTMENT 1 level(s), 2 Bedroom, 1 Bath, 0 Sq Ft, 0 Car Garage

 

To arrange a tour, email or call the Sole Listing Agent.

  • Address 132 Middle Road, Warwick
  • City Warwick
  • Country Bermuda

Details

Updated on April 16, 2024 at 1:03 pm
  • Price: $599,000
  • Bedrooms: 6
  • Bathrooms: 4
  • Property Type: Multi-Unit Property
  • Property Status: For Sale

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Donna Evans
  • Donna Evans