Introducing 1168 Putnam Avenue - Prime Bushwick Investment Property. Can be delivered fully vacant. Built in 1901 this 3 story (35 ft) structure has recently been renovated with little to no repairs needed. The ground floor duplex (unfinished basement) has 3 bedrooms and 1 full bathroom. The second floor (Parlor) and (Top) floor are both 3 bedrooms with one full bathroom. With low annual operational cost, including low taxes and rising rents an investor can expect a cap rate of return between 5% and 7%. Built size: 17.5 ft × 45 ft Lot size: 17.5 ft × 100 ft Low Taxes: $3,004 Located in Central South Bushwick on a residential one way street just a few blocks off the J, Z, Subway lines and a short distance from Irving Square Park. The surrounding neighborhood offers a myriad of options for shops, cafes, bars, restaurants, grocery stores and more, with easy access to the Jackie Robinson Expwy. Please reach out for a full set up and to schedule a showing.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
