Apartment Building In Picard Dominica For Sale Picard, Saint John, Dominica

Income-Generating Apartment Building for Sale in Vibrant Picard, Portsmouth

Located in the bustling and dynamic neighborhood of Picard, Portsmouth, this two-story apartment building is a prime real estate opportunity for savvy investors. Set on a 10,037-square-foot parcel with dual road access, the property offers convenience, charm, and endless potential.

Property Overview

• Building Details: Constructed in 2010, this 5,707-square-foot building (including 976 square feet of verandas) is in good condition and features:
  • Ground Floor: Five 1-bedroom, self-contained apartments, each with a private rear veranda, open-concept kitchen/living/dining area, and 3-piece bathroom. A shared front veranda provides additional space and access to all units.
  • Basement Floor: Two spacious 2-bedroom, self-contained apartments with open-concept layouts, 3-piece bathrooms, and a shared front veranda. This floor also includes a convenient storeroom.
  • Modern Amenities: All apartments are equipped with air-conditioning and electric water heaters for added comfort.

Land Features

• Generous Lot Size: 10,037 square feet of moderately sloping land with average depth of 89.65 feet.
• Accessible Location: Dual access via concrete roads along the property’s north-eastern and eastern boundaries, with easy connectivity to the Picard-to-Portsmouth main road just 300 feet away.

Prime Location

Nestled in a thriving mixed commercial and residential community, this property enjoys proximity to a wealth of shopping, social, cultural, and recreational amenities, including:

• Snorkeling and water sports along the coast
• Birdwatching and hiking adventures on Morne Diablotin, Dominica’s tallest mountain
• Historic explorations at Fort Shirley
• Portsmouth’s vibrant markets and local attractions

Investment Potential

This apartment building offers a lucrative income-generating opportunity in one of Dominica’s most sought-after neighborhoods. With both long-term rental potential and appeal to the growing tourist market, it’s perfect for someone looking to combine business and leisure. A touch of external decorative work, such as repainting, will further enhance the property’s aesthetic and value.

Don’t Miss Out on This Incredible Opportunity!

Are you ready to invest in a property that balances income generation with a relaxed lifestyle? Contact us today to schedule a viewing or learn more:

📧 Email: realty@millenia.dm
📞 Call: (767) 617-4191 / 818-3030

Make your move today—this gem in Picard won’t last long!

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.