MULTIFAMILY RESIDENCE ON CRANBROOK DR.
MULTIFAMILY RESIDENCE ON CRANBROOK DR.
MULTIFAMILY RESIDENCE ON CRANBROOK DR.
MULTIFAMILY RESIDENCE ON CRANBROOK DR.
MULTIFAMILY RESIDENCE ON CRANBROOK DR.
CI$ 1,195,000 MLS #419054
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About the Property

44 CRANBROOK is a beautifully maintained residential property in the heart of George Town that offers incredible potential for investors and families alike. Configured as a multi-family development with 4 separate residences, this investment offers the prospective purchaser an excellent rental vehicle, or the opportunity to both occupy and achieve rental income. The ground floor features a 2-bedroom, 2-bathroom apartment with an open-plan living and dining area, providing easy access to garden and outdoor areas. Additionally, there is a cozy 1-bedroom studio with a private entrance, offering excellent privacy and independence. The upper level boasts another 2-bedroom, 2-bathroom apartment with an exterior entrance and a 500 sq. ft. sundeck/patio, perfect for relaxing and entertaining. A detached ground-floor 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway, providing both privacy and comfort. This property offers a projected NET ROI of 5% from rental income, and accommodates multiple tenants while maintaining privacy for all residents.

Property Details

Basic Info

  • Bedrooms
    7
  • Bathrooms
    7
  • Acres
    0.25
  • Sq. Ft.
    4,350
  • Year Built
    2005

Location & Neighbourhood

George Town
Location
  • George Town

    As the vibrant capital of the Cayman Islands, George Town pulses with energy and life. This bustling district is the hub of commerce and government, where world-class shopping, dining, and cultural attractions await.
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Estimate Your Monthly Mortgage Payment With Ease And Precision

Your Monthly Mortgage Payment

Mortgage amount $7,040,000
Deposit $1,760,000
$51,657

Estimate monthly payment

$880,000

Estimate Closing Costs

*This is a general estimate based on a fixed interest rate and does not account for mortgage insurance or other potential costs. For precise figures, we recommend speaking directly with your mortgage provider.

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