EXCEPTIONAL INVESTMENT OPPORTUNITY: Earn a 7% cap based on 4- free market, sizable apartments set in a semi-detached legal 4-family in prime East Flatbush. This massive property built 22 x 80 on a 26.5 x 100 foot lot, in addition to 4 sprawling apartments offers an open, walk out basement with outdoor access to all tenants. Located just 4 blocks to the 3-train at the Sutter Ave-Rutland Road station at the intersection of Rutland Road and East 98th street, be able to also offer tenants the luxury of convenience with quick access to trains and every desired neighborhood amenity including cleaners, pharmacy, Blink gym, grocers and much more. With a high income grossing unit-mix of 1 (3) bedroom/1 bath, 2 (2) bedroom/1 baths and 1 (1) bedroom/1 bath, each apartment includes original hardwood floors, 9 foot ceilings and an abundance of light with windows abound being semi-detached. Increase the rent roll by a full point to 8% with the addition of a state-of-the-art common laundry room able to comfortably fit 4 machines plus tremendous space left over for a tenant shared storage/bike room (request broker set up sheet)! Boiler and hot water tank both replaced within the last three years. Delivered Vacant! When others look back on fleeting opportunities like this missed, be the investor considered to have been "in the know!" First Open House Sunday June 3rd 1:30-3!
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.
