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RANKIN DR MULTI-UNIT PROPERTY

MLS #416269 | George Town East, Cayman Islands
  • 3,415
  • 11
  • 11
CI$600,000
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CIREBA MLS LDX feed courtesy of RAINBOW REALTY LTD.
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CI$ 2,577

About This Property

The subject parcel is a 0.67-acre (29,185 square feet) property with several single-storey residential buildings on the front section. The buildings on the property are as follows: Building A: A concrete dwelling with an area of approximately 1,673 square feet. It was previously a single-family home but has been converted into three apartments - two one-bedroom units and one studio apartment. Building B: A timber-framed building consisting of two one-bedroom apartments. Building C: Another timber-framed building with three small one-bedroom units at the front and two new one-bedroom units at the rear. Building D: A one-bedroom apartment. There is also a lumber-framed storage unit and garage within the property. The property has undergone some site improvement works, including a swimming pool with a deck area and fencing. However, these features are currently in need of repair and renovation. Fixtures within the residential units include plywood-framed kitchen cabinets with plywood or mica-faced units and mica or similar countertops. Vanity cabinets in the bathrooms are generally plywood-framed and mica-faced units with cultured marble worktops. The bathrooms feature standard quality fittings and fixtures. Regarding air conditioning, the owner-occupied unit in Building A has a central system, while the other units have window-mounted air conditioning. Overall, the property is in basic condition throughout. Unit 10 appears to be in relatively good shape as it has recently undergone renovation. However, the former main house and the attached two apartments have suffered flood damage. The rear section of the parcel, approximately 0.28 acres (12,197 square feet) in size, is currently undeveloped and could potentially be separated to form a separate parcel.


Property Features

  • Property Type
    Multi-Unit (Apartment Building/Condo Building)
  • Year Built
    1990
  • Bedrooms
    11
  • Bathrooms
    11
  • Sqft
    3,415 ft2
  • Acres
    0.67
  • Block
    20E
  • Parcel
    259
  • Lot Size
    0.67
  • Views
    Garden View
  • Furnished
    Partially
  • Zoning
    Low Density residential
  • Pool
    Yes

Mortgage Calculator

Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
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CI$ 120,000
Mortgage Principal
CI$ 480,000
Monthly Payment
CI$2,577
Still Owing at End of Term
CI$0

*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).
Debi Bergstrom
Debi Bergstrom
+1 (345) 516-0079

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RANKIN DR MULTI-UNIT PROPERTY

RANKIN DR MULTI-UNIT PROPERTY

Buyers Over CI$600,000
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