Phenomenal income-producing opportunity. The property recently underwent a total gut renovation and has two turnkey apartments ready to rent for an estimated $1,650. The 1st floor consists of a two-bedroom apartment with a large kitchen, main room and bath. Front entrance with a colonial covered porch, a foyer, two large main rooms, a full bath and a back entrance leading to/from a large off-street parking lot (12-17 spaces). The 2nd floor is a two-bedroom with a large kitchen/ eating area, laundry closet, large living room and spacious full bath. There are three good-sized closets, a pantry closet in the kitchen, a bath closet and a storage "nook" off the eating area. The driveway is off of the side street (Schryver St.), and all units can be accessed from the back of the house. The property is almost entirely surrounded by either fence or the brick-clad building that borders it. The backyard/parking lot is very open and receives sunlight most of the day. The property is located just a stone's throw away from the Hudson River. Great proximity to Stone Ridge, Kingston and Woodstock. 156 Broadway, 154 Broadway and 152 Broadway are all being offered simultaneously. This is the perfect opportunity to start a mixed-use rental business. Plans for a coffee shop were approved in 2018. Tons of opportunity here. 152 Broadway Entire Home: $1,450 GPI: $17,400 154 Broadway 1st floor: $1,400.00 2nd floor: $1,650.00 GPI: $36,600 156 Broadway Potential: $1,900-$2,600 GPI @ $2,100PM: $25,200 Cap rate is approximatley 10%
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