Home For Sale In Trinidad | Chase Village Chaguanas |
- $2,950,000
Home For Sale In Trinidad | Chase Village Chaguanas |
- $2,950,000
Overview
- 9
- 6
- 5920 Sq Ft
- 5668 Sq Ft
Details
- Price $2,950,000
- Property Size 5668 Sq Ft
- Land Area 5920 Sq Ft
- Bedrooms 9
- Bathrooms 6
- Garage 1
- Property Type Apartment, House, Residential
- Property Status For Sale, New Listing
Description
Discover Your Next Lucrative Investment: An Exceptional Home For Sale in Trinidad, Adiba Garden, Chaguanas
Unlock Your Next Investment:
An unparalleled opportunity awaits the discerning investor seeking a versatile and highly profitable rental investment in Trinidad. Nestled in the tranquil and accessible community of Adiba Garden, Bhagan Trace, Chase Village, Chaguanas, this distinctive two-story residence presents itself as an exceptional apartment building for sale in Chaguanas. Thoughtfully built by its original owner, it offers a unique blend of comfortable living space and robust income-generating potential. With a generous land size of 5,920 sq ft, this property is not just a house; it’s a multi-faceted asset designed to produce significant rental income, making it an ideal acquisition for anyone looking to embrace the vibrant real estate market that owning a home for sale in Trinidad provides.
Solid Foundation & Secure Parking:
From the moment you approach Adiba Garden, the sturdy construction and practical design of this family-built apartment building for sale in Chaguanas are evident. The property boasts a welcoming facade, offering ample space for two vehicles within its secure boundaries – a highly coveted feature for any home for sale in Trinidad. This thoughtful layout ensures convenience and peace of mind, providing dedicated parking away from the street. The two-story design immediately suggests remarkable versatility, a key characteristic that sets this property apart in the competitive Trinidad real estate market, particularly for those with an eye towards maximizing returns from a prime rental investment.
Spacious & Ready Upstairs:
The upper floor of this impressive apartment building for sale in Chaguanas presents a spacious and currently vacant 3-bedroom living space, spanning approximately 2,100 sq ft, poised for immediate occupancy or ready to be prepped for a new tenant. This generous layout offers an ideal canvas for a new family to personalize and create their dream home, or for an owner to reside in while capitalizing on the income from the lower units. Imagine bright, airy bedrooms and ample communal areas perfect for comfortable living.
With its own private entrance and a comfortable living environment, this upstairs unit promises privacy and comfort, making it a truly desirable component of this home for sale in Trinidad. Its vacant status allows for immediate transformation to suit an investor’s vision, with a potential rental income ranging from TTD $3,500 to $4,000 per month; it can also be easily prepared as a semi furnished unit to attract a broader tenant base.
Ground Floor Income Stream:
Beneath the main upper residence, the ground floor is thoughtfully configured as a 3-bedroom apartment, also spanning approximately 2,100 sq ft, specifically designed to attract tenants and generate consistent monthly income. This established layout provides an immediate and substantial return, significantly enhancing the overall profitability of this rental investment. The design ensures comfortable living for its future occupants, with well-defined spaces that make it an attractive rental unit in the thriving Chaguanas area, capable of generating an estimated TTD $3,500 to $4,000 per month in rental income. This unit within this apartment building for sale in Chaguanas offers a prime opportunity for financial stability and an attractive yield for discerning investors.
Versatile Garage & Studio Units:
Adding to the property’s remarkable versatility, this apartment building for sale in Chaguanas features two additional distinct units. The garage has been intelligently converted into a 2-bedroom unit, spanning approximately 1,068 sq ft, presenting a robust third source of income with a potential rental value of TTD $3,300 to $3,500 per month. Furthermore, an independently accessible studio apartment, a compact yet highly functional 1-bedroom unit of approximately 400 sq ft, offers an additional and valuable income stream, estimated to generate TTD $2,800 to $3,000 per month. These cleverly utilized spaces maximize the property’s income-generating capabilities, solidifying its appeal as a wise rental investment.
The multiple distinct rental units underscore this property’s potential for robust passive income, catering to different tenant needs and ensuring a diversified income stream within this comprehensive apartment building for sale in Chaguanas. Each unit also offers the flexibility to be made semi furnished, enhancing their appeal to a wider range of prospective renters.
Key Features:
- Location: Adiba Garden, Bhagan Trace, Chase Village, Chaguanas, Trinidad and Tobago
- Property Type: Two-Story Detached House configured as an Apartment Building
- Land Size: 5,920 sq ft
- Building Sizes:
- Main Unit (Upstairs): 3 Bedrooms, approx. 2,100 sq ft
- Main Unit (Downstairs): 3 Bedrooms, approx. 2,100 sq ft
- Garage Unit: 2 Bedrooms, approx. 1,068 sq ft
- Studio Apartment: 1 Bedroom, approx. 400 sq ft
- Total Bedrooms (Configured): 9 (3 upstairs, 3 downstairs, 2 garage unit, 1 studio unit)
- Parking: Secure on-site parking for 2 vehicles
- Construction: Solid, owner-built structure, ensuring durability
- Rental Investment Potential (Per Month – Range, if fully tenanted):
- Upstairs 3-bed unit: TTD $3,500 – $4,000
- Downstairs 3-bed unit: TTD $3,500 – $4,000
- Garage 2-bed unit: TTD $3,300 – $3,500
- Studio unit: TTD $2,800 – $3,000
- Total Estimated Rental Potential: TTD $13,100 – $14,500
- Location Benefits:
- Easy access to Uriah Butler Highway
- Proximity to schools, shopping, and essential services in Chaguanas
- Established and desirable residential community, attractive to tenants for rental investment
- Valuation Expectation: Client’s previous valuation from 1 year ago was $2-3 Million TTD (Subject to current appraisal and market conditions)
- Utilities: All necessary utilities (water, electricity) expected to be connected.
Prime & Convenient Location:
The strategic location of Adiba Garden within Chase Village, Chaguanas, further enhances its appeal as an apartment building for sale in Chaguanas and a prime rental investment. Chase Village is a well-established and thriving community, offering convenient access to a multitude of amenities and services that consistently attract and retain tenants. Residents benefit from close proximity to major roadways, including the Uriah Butler Highway, facilitating easy commutes to Port of Spain, San Fernando, and other key areas across Trinidad.
Everyday necessities are just a stone’s throw away, with supermarkets, local markets, pharmacies, and a variety of dining options readily available. This central and accessible location is a significant draw for any home for sale in Trinidad, ensuring both current and future demand for its rental units.
Unique Character & Flexibility:
This property truly embodies the essence of a multi-purpose home for sale in Trinidad and an outstanding rental investment. Its history as a father-built residence speaks volumes about its solid construction and the care invested in its creation. Unlike many cookie-cutter properties, this apartment building for sale in Chaguanas possesses a unique character and a sturdy foundation that promises longevity and minimal maintenance concerns for an investor. With total estimated rental potential ranging from TTD $13,100 to $14,500 per month when all units are occupied, this property offers an exceptional return on investment.
Whether you envision residing in one unit while leveraging the others for income, or maintaining its multi-unit configuration for maximum yield, the possibilities are vast. This versatility makes it suitable for extended families, owner-occupiers desiring rental income, or astute investors looking for a robust return on their capital. The potential to generate consistent monthly income from multiple, distinct units positions this apartment building for sale in Chaguanas as a premier investment opportunity in the current market.
Seize a Smart Investment:
Don’t miss the chance to own a piece of Trinidad’s vibrant real estate market with this exceptional offering. This home for sale in Trinidad at Adiba Garden represents not just a place to live, but a smart rental investment designed to produce steady passive income. This truly is an outstanding apartment building for sale in Chaguanas that offers immense value and potential.
This is more than just a home for sale in Trinidad; it’s an opportunity to acquire a flexible and profitable asset in a growing area. Properties with this level of versatility and income potential in such a convenient location are highly sought after and do not remain on the market for long. Secure your viewing of this outstanding apartment building for sale in Chaguanas and take the first step towards a rewarding rental investment.
Contact us:
Cen-Trin Real Estate Management Services Limited
Gill Thompson, Chin Chin Road,
Cunupia
Sales:
Michelle Boodoo 868-465-4663
michelleboodoo@centrinrealestate.com
Brokerage:
Ryan De Castro 868-322-9110
info@centrinrealestate.com
Address
Open on Google Maps- Address: 18 Adiba Garden, Bhagna Trace, Chase Village, Chaguanas, Trinidad and Tobago
- City: Couva
- Area: Freeport
- Country: Tobago, Trinidad and Tobago
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