Lot 16 Cowpen Road, New Providence Paradise Island
Description
This versatile commercial building presents a compelling investment opportunity, offering strong rental income potential in a high-demand area. The property comprises five one-bedroom units-three upstairs and two downstairs-each generating $800 per month, inclusive of water. Individual electricity meters for each unit ensure efficient, low-maintenance management. Enhancing its value, the property also features a commercial office space suitable for retail or professional use, creating an additional revenue stream. Altogether, the property produces a minimum monthly income of $5,200, with potential to increase returns through modest interior upgrades. Ideally situated in a thriving location, this investment offers both immediate cash flow and long-term appreciation potential. Utility efficiency is supported by well water and a gas water heater, further appealing to discerning investors. Don't miss this outstanding opportunity to secure a high-performing commercial asset
Where it is
What's on near New Providence Paradise Island
09/29Weekly Walking ClubDockside · Atlanta09/29Guided Workshop: Painting Flowers
Community Center09/29Tuesday Take-over: 2Minds
Muziekgieterij · Maastricht09/30Travel now through September 30, 2026.
Viva Fortuna Beach by Wyndham
Climate · Nassau
Station: NASSAU AIRPORT NEW · 12.5 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 26 |
| Feb | 27 |
| Mar | 27 |
| Apr | 29 |
| May | 30 |
| Jun | 32 |
| Jul | 33 |
| Aug | 33 |
| Sep | 32 |
| Oct | 31 |
| Nov | 28 |
| Dec | 27 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 71 |
| Feb | 67 |
| Mar | 73 |
| Apr | 94 |
| May | 164 |
| Jun | 253 |
| Jul | 173 |
| Aug | 222 |
| Sep | 200 |
| Oct | 172 |
| Nov | 122 |
| Dec | 58 |
What's nearby 871 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| L H Cox Close New Providence Paradise Island | 3 min walk | 4 | $315,000 |
| Plot B, Off Cowpen Road New Providence Paradise Island | 3 min walk | — | $325,000 |
| Lot A West Of Faith Avenue New Providence Paradise Island | 1.0 km | 5 | $325,000 |
| Carmichael Road, Unit 1 New Providence Paradise Island | 1.2 km | — | $2,600 |
| Carmichael Road, Unit 4 New Providence Paradise Island | 1.2 km | — | $2,600 |
| Carmichael Road, Unit 2 New Providence Paradise Island | 1.2 km | — | $2,600 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
6 other properties in New Providence Paradise Island advertised at within 25% of this price. Their median asking price is $492,000 — this one is asking the same. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Tranquility West | New Providence Paradise Island | 3 | $490,000 | same |
| Gladstone Road Lot #10 | New Providence Paradise Island | — | $490,000 | same |
| Eastwood Sf Home | New Providence Paradise Island | 4 | $490,000 | same |
| Market Street | New Providence Paradise Island | — | $492,000 | same |
| 5 Prospect Ridge Road, Unit 5 | New Providence Paradise Island | 2 | $495,000 | +1% |
| 12 Shirley Slope | New Providence Paradise Island | 3 | $495,000 | +1% |
Questions this raises
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