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4-family | Fully Renovated | Approved Expansion Plans | $163, 000 Gross Annual Income Incredible Investment Opportunity In East Flatbush! This Fully Renovated 4-family Brick Building Features Four (4) Spacious 2-bedroom Apartments, Each In Excellent Condition And Fully Occupied. The Property Is Generating A Strong Gross Annual Income Of $163, 000, Making It Ideal For Investors Seeking Immediate Cash Flow. The Sale Also Includes Dob-approved Plans To Build Two Additional Apartments In The Basement, Offering Tremendous Value-add Potential. Highlights: Fully Leased 4-family Building Each Unit: 2 Bedrooms, Modern Finishes Gross Annual Income: $163, 000 Approved Plans To Add 2 Apartments In The Basement Quiet Residential Block Near Public Transportation, Schools, And Shopping Whether You're An End-user Or Investor, This Is A High-performing Asset With Upside In A Rapidly Appreciating Neighborhood.
Location/Town | New York |
Area/County | Brooklyn |
Post Office/Postal City | Brooklyn |
Prop. Type | Single Family House for Sale |
Tax | $5,293.00 |
Bedrooms | 8 |
Total Baths | 4 |
Full Baths | 4 |
Year Built | 1930 |
Basement | Finished, Full |
Construction | Brick |
Total Units | 4 |
Lot SqFt | 3,000 |
Cooling | Wall/Window Unit(s) |
Heat Source | Natural Gas |
Util Incl | Electricity Available |
Days On Market | 29 |
Tax Assessed Value | 238050 |
Units | 4 |
School District | Brooklyn 18 |
Features | Eat-in kitchen |
Listing information courtesy of: 5 Boro Realty Corp |