Loading…Loading…Flatbush, Brooklyn
$1,310,000
This pristine Flatbush semi-detached four-family house is an exceptional opportunity for investors or home-buyers seeking income generated from three additional rental units.
The entire property has been gut-renovated and includes hardwood floors, washer-dryers and stainless-steel appliances, including dishwashers. Electricity and the roof were updated during the building's thorough renovation.
The four separately metered units include two (2) one-bedrooms and two (2) two-bedrooms, including a duplex with a finished basement and access to the gorgeous backyard.
This property offers very low annual expenses at approximately $10,000 per year and solid rents:
1F $1,700
1R $2,200
2F $2,000
2R $1,800
Projected Net Income of approximately $79,728 as an investment property 6.1 percent CAP Rate!
Three units to be delivered vacant: Unit #2R is occupied with an excellent tenant paying $1,800 with a lease in place until July 2021.
Consisting of 2,800 square feet on a 20-foot by 100-foot lot, this property is conveyed with approximately 2,000 square feet of air rights available.
Located on a charming tree-lined street in Flatbush, this building is close to great shopping, dining and services along Flatbush Avenue. Massive Prospect Park is less than a mile away, and 2, 5, B and Q trains provide easy access to the rest of the city.
- WE HAVE VIRTUAL TOUR VIDEO AVAILABLE FOR EACH APARTMENT ---
Listing agent
Listing courtesy Joe Cruz, Compass
Listing information for New York City properties is provided in part courtesy of the Real Estate Board of New York's Residential Listing Service (RLS). All information is deemed reliable but not guaranteed and should be independently verified. Equal Housing Opportunity.