Attention investors and first-time homebuyers! Grab this opportunity to own a free-market 4-family brick money-maker in one of Brooklyn's fastest changing neighborhoods. Located at the intersection of Brownsville, E Flatbush, and Crown Heights - the property is well positioned to benefit from the rapid transformation taking place in the area. 2111 Union was 95% gut renovated in 2019, and presents a unit mix of four true 3bed/1bath units . All units were tastefully renovated to include: white shaker kitchens, quartz counters, stainless steel appliances, pre-finished hardwood floors, baseboard heating, and porcelain tiled bathrooms. Roof, windows, and mechanicals were all redone in 2019 as well. The building measures 21.5'x78', sitting on 26'x102.5' lot. The property in its current state is only partly cash-flowing due to non-paying tenants, which presents a strong opportunity for investors to vacate and reposition the property with better quality tenants and market rate leases. Homeowners and first time homebuyers may obtain conventional or FHA financing and use one of the units as their primary residence, practically resulting in mortgage-free homeownership. Located in very close proximity to Lincoln Terrace Park and 2 blocks to the "3" train at Sutter/Rutland Rd.
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.
