• Canaan Lane
5 Photos

Canaan Lane

  • Villas
  • 6,263 sq.ft.

Property reference: mls-65853
New Providence/paradise Island

Features

  • Property Size 6,263 sq.ft.
  • No of bedrooms Studio
  • Built-up Area 6 Sq.Ft.
  • Category Villas

Property Overview

Open zoned but best use is multifamily residential. This approximately 6,300 sq ft lot in Canaan Lane is just off of busy Shirley St, which is 50 yards before Nassau Motors, when traveling east. The neighbourhood's infrastructure is in good condition. Average lot size in the area is the same 7,000 sq ft. Area demographics are represented by lower to middle income persons residing in mostly single family residences. Ideal location and priced right to construct a combination of low income 2 bed 2 bath, 2 bed 1 bath or 1 bed 1 bath apartments that can attract high demand monthly affordable rentals ranging between $600 to $1,000 monthly. Construction can be 2 stories. The area is located in close proximity to most modern conveniences such as schools, hospitals, grocery stores, gas stations etc, which are all within walking distance.

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Map View

BSD 78,000
Canaan Lane
  • Villas
  • 6,263 sq.ft.
Property
Schools
Restaurants
Hospitals
Parks

    Location & Nearby

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