Bovell REMAX Cayman Islands

New

Coastline Towers – George Town Seafront

MLS: 420133

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Guide price

$3,500,000 USD

Property type

Home (built 1970)

Views

Water Front

Bedrooms

12

Bathrooms

12

Square footage

6432

Property Description

Really great location right on the Caribbean Sea with an easy, short walk to George Town.  This small, three storey multifamily property has two 2 bedroom/2 bathroom residences of 1,072 sq.ft. on each floor, all with gorgeous Seafront views and sunsets. The residences are always in demand and currently rented to long-term tenants.  Lots of potential here to upgrade residences and increase long-term rental rates, rent shorter term for more income, or stratify the residences and sell individually.  The property is 0.5 acres with approximately 115 feet on the Sea and 235 feet deep.  Well maintained.  Excellent long-term investment for rental income and capital appreciation.

Property Features

  • Cable TV
  • City Water
  • Dining area
  • Dishwasher
  • Kitchen area
  • Living room
  • Microwave
  • Other AC
  • Refrigerator
  • Sewer
  • Washer/Dryer: Yes
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