7-Unit Apartment Building for Sale in Picard, Portsmouth Picard, Saint John, Dominica

US$446,396.00 /EC$1,200,000.00
Commercial Property For Sale
SKU: MR245-01 - PROPERTY ID
Property type: Commercial
Area (Sq Ft)
5707
Rooms
24
Bedrooms
9
Bathrooms
7

The space

  • Land Size: 10037 Sq Ft
  • Year Built: 2010

Amenities

  • Air conditioning
  • Hot Water
  • Income Generating
  • Near Beach
  • Near Town

Description

Income-Generating Apartment Building in Picard

Located in the vibrant community of Picard, Portsmouth, this two-story apartment building offers a strong investment opportunity. The property sits on a 10,037-square-foot parcel with dual road access.

The 5,707-square-foot building, including 976 square feet of verandas, was constructed in 2010. It remains in good condition and offers seven self-contained apartments.

Apartment Layout

The ground floor features five one-bedroom apartments. Each unit includes:

  • A self-contained layout
  • Open-concept kitchen, living, and dining area
  • Three-piece bathroom
  • Private rear veranda
  • Access to a shared front veranda

The basement floor includes two spacious two-bedroom apartments. Each unit has an open-concept layout, three-piece bathroom, and access to a shared front veranda. A storeroom also provides useful additional space.

For added comfort, all seven apartments have air-conditioning and electric water heaters.

Land and Road Access

The property occupies 10,037 square feet of moderately sloping land. The average depth is approximately 89.65 feet.

It benefits from dual access via concrete roads along the northeastern and eastern boundaries. The Picard-to-Portsmouth main road is only about 300 feet away. As a result, residents and tenants have convenient access to nearby services and transportation.

Prime Picard Location

This Picard Portsmouth Apartment Investment is set within a mixed commercial and residential community. The area offers easy access to shopping, social, cultural, and recreational amenities.

Nearby attractions and activities include:

  • Coastal snorkeling and water sports
  • Birdwatching and hiking around Morne Diablotin
  • Historic visits to Fort Shirley
  • Portsmouth markets and local attractions
  • Restaurants, shops, and other everyday services

The location also provides appeal for tenants seeking convenient access to Portsmouth and the surrounding area.

Income and Development Potential

This Picard Portsmouth Apartment Investment offers several ways to generate income. The seven units can support long-term residential rentals, while the location also has potential for short-term accommodation.

The property is already functional, although some exterior decorative work would improve its appearance. Repainting, for example, could enhance its curb appeal and overall presentation.

With multiple self-contained units, good road access, and a strong location, this property suits investors seeking an established rental asset in Portsmouth.

Contact Us

For more information or to arrange a viewing, contact:

Email: realty@millenia.dm
Phone: (767) 617-4191 / 818-9030

Take a closer look at this Picard Portsmouth Apartment Investment and its income-generating potential in one of Dominica’s active northern communities.

 

IMPORTANT ADVISORY: Before any person purchases real estate in Dominica, the Physical Planning Division should be consulted to find out if the property is part of an approved subdivision, if applicable, or if their intended use of the property conforms to the official land use and development plan for the area.  Visit the Physical Planning Division website for guidance.