2 Apartment Home, Excellent Rental Return, Easy Walk to downtown

2 Bedrooms
2 Bathrooms
Detached home
Available: May 1, 2026

Description

Looking to invest in a high-yield investment property and/or a central located home with an apartment ? “Kenrose” is located off of Shelton Road in Cavendish Heights. Potential to earn a 10% return. Recent upgrades to kitchens and bathrooms, these 2 apartments are in good condition and offer low maintenance, low annual land taxes and the potential for further landscaping to create garden areas for each unit.

Upper Apartment: 2 bedrooms, 2 bathrooms, Sitting room and kitchen  – ARV $19,200

Lower Apartment 2 bedrooms plus bonus room or small 3rd bedroom, 1 bathroom, sitting room and kitchen – ARV $13,800

Both apartments are currently rented although the Upper Apartment becomes vacant on 30 April 2026.

Basement storage (also has a washing machine for the lower apartment.) The upper apartment has a washer and dryer in the apartment itself.

On-site parking for 4 vehicles

Bermuda Waterwork connection

Split-system airconditioning in many rooms

Quiet cul-de-sac lane

Minutes from downtown Hamilton !

Low Low Land Tax ! Only $150 per annum for each apartment !

Exterior walls painted and roof cleaned and whitewashed in 2025

Tank cleaned and resealed in 2025

Tented for termite fumigation by Bermuda Pest Control in 2025

 

Property Details

$830,000

Key Features


Address
Penrose, Third Avenue, Cavendish Heights, Pembroke, HM20
Air Conditioning
Yes
Swimming Pool
No
International
No
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