About this Property
NEW SALE LISTING!FOR SALE: Spacious and Versatile Property with Income Potential – $2.2M Negotiable
This exceptional property, located on Koon Koon Street, Malabar, Arima, offers a perfect blend of comfort, convenience, and income potential, making it ideal for homeowners and investors alike. With a land area of 7,608 sq. ft. and a building size of 3,000 sq. ft., this home is move-in ready and available for a quick sale as the owner is migrating.
Main House Features:
- Upstairs:
- 4 generously sized bedrooms, perfect for a growing family.
- 2 bathrooms for added convenience.
- A cozy porch, ideal for relaxing and enjoying the outdoors.
- Downstairs:
- An open-plan living and dining room area, creating a spacious and inviting atmosphere.
- A functional kitchen, designed for ease of use and entertaining guests.
Self-Contained Annex/Apartment:
- 1 bedroom.
- 1 bathroom.
- Living room and kitchen.
- Indoor laundry area for added convenience.
This apartment currently generates a monthly rental income of approximately $2,500, providing an excellent opportunity for supplementary income.
Additional Features:
- Land Area: 7,608 sq. ft.
- Building Size: 3,000 sq. ft.
- Market Value: Estimated at $2.25 million, making this property a fantastic deal at the listed price of $2.2 million negotiable.
- Engineer’s Report and Current Valuation: Both documents are available for perusal, offering transparency and peace of mind to potential buyers.
Location Benefits:
- Situated in a highly accessible area, just 1 minute from the Main Road and Priority Bus Route, ensuring hassle-free transportation.
- Close to essential amenities such as schools, groceries, the hospital, veterinary clinics, and the market.
- Proximity to O’Meara Shopping Plaza, the stadium, and more, catering to all your daily needs.
Additional Highlights:
- Move-in-ready property with nothing left to do but enjoy.
This property offers everything you need – spacious living quarters, income potential, and a prime location. Don’t miss out on this fantastic opportunity!
868757-8511868317-9128
: realstarrealtor1@gmail.comAbout the Region
Arima
Arima, officially The Royal Chartered Borough of Arima is the easternmost and second largest area of the three boroughs of Trinidad and Tobago. This town is well known for its shopping areas located in the inner most portion of the town.
It serves as a main trading hub for environs which makes the town considerably busy. Many persons visit Arima to relax and enjoy the wide array of local bars and street food offered such as burgers, doubles, gyros etc.
Home to the famous drag malls, persons can visit Arima to purchase items of Rastafarian heritage.
Arima, has primary and secondary schools, hospitals, police and fire services readily available.
It attracts persons from all over as it hosts exciting borough day & Jouvert celebrations
Fun fact, Arima is home to the indigenous people known as the “Caribs”. They are mainly found in the area of Arima called Calvary Hill which attracts many tourists as the Caribs were a well-known tribe in their time.
