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Canaan LaneNew Providence Paradise Island BSPrice: $76,000

  • Price: $76,000
  • Est. Mortgage of $/month
  • 269 Days on Market
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Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $76,000List Price
  • 6,263Square Feet
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.

Property Details of Canaan Lane

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Listed by Matthew T. Mitchell of Treasure Real Estate

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