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Malcolm AllotmentsNew Providence Paradise Island BSPrice: $169,000

  • Price: $169,000
  • Est. Mortgage of $/month
  • 30 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.11% last updated on Mar 12, 2026
* 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.
  • $169,000List Price
  • 1,500Square Feet
  • 3Bedrooms
  • 3Bathrooms
Located in the heart of Malcolm Allotment, Kennedy Subdivision, this income-producing property presents an excellent opportunity for investors seeking strong rental demand in a highly populated area of Nassau, New Providence. The property currently features three 1-bedroom, 1-bathroom efficiency units, each generating $750 per month, providing immediate and reliable cash flow. Adding significant upside potential, the property also includes an unfinished structure at the rear, already constructed and intended to accommodate an additional three 1-bedroom, 1-bathroom units upon completion. This creates a clear pathway to substantially increase rental income and overall property value. Located within a well-established community and conveniently close to schools, public transportation, shopping, and essential amenities, the property benefits from consistent tenant demand. With both existing income and future development potential, this property is ideal for investors looking to maximize returns in a high-demand rental market.

Property Details of Malcolm Allotments

Property Details

Interior Features

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Listed by Greg V. Miller of Coldwell Banker Lightbourn Rea

The data relating to real estate for sale/lease on this website comes in part from a cooperative data exchange program of the Bahamas Multiple Listing Service (MLS) in which these Brokers participate (BREA). The properties displayed may not be all of the properties in the Bahamas MLS database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker/Agent are marked with the IDX Symbol, indicating an agreement to exchange property information. Detailed information about such properties are noted as Courtesy of: The Bahamas MLS. Information provided is thought to be reliable but is not guaranteed to be accurate. You are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. This information is protected from unlawful duplication by copyright.

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