Hamilton House 1 Ferrars Lane Pembroke Parish, HM08 Bermuda
1 Ferrars Lane Pembroke Parish, HM08 Bermuda
$2,150,000
- 10
- Bedrooms
- 8
- Full Baths
- 5,443 Sq Ft.
- Interior
- .42 Acres
- Exterior
- House
- Property type
- PM1183
- Web Id
About 1 Ferrars Lane
Comprising of 8 income-producing apartments, Hamilton House offers a unique investment opportunity. Conveniently located in a quiet neighborhood within walking distance to the city, the suites at Hamilton House have long been sought after by executive tenants. 6 of the units have 1 bedroom, and 2 have 2 bedrooms. 4 of the units have been renovated within the past 5 years and are in impeccable condition. Current tenants are a mix of long term and short term. There is a private and manicured communal garden on the back of the building and parking spaces on the front. With all units rented at current market value, the list price offers a potential ROI of 8%-10%.