Welcome to 289 Herkimer Street, a colonial brick townhouse in the heart of Bedford-Stuyvesant. This recently renovated 4 story multifamily townhouse boasts 2,400 sq. ft. building with a large 20' x 100' lot, private outdoor space for the owner's duplex, and a large extra terrace for the top floor. The entire building has been upgraded with new kitchens, laundry in every unit, heating, plumbing, electric, and is ready to sell as a great investment property or for owner occupation. The property is currently a legal 2-family used as a 3 unit rental income investment property. Units are currently occupied and the annual rent roll is $88,600- current rent prices are covid prices. Two of the leases are month-by-month, and the other expires Jan. 2023. Possibility of delivering partially vacant. Raising rent to market value can generate a potential projected annual rent roll to well over $110,000. Each unit pays its own heat/hot water independent of hot water heaters and boilers to keep owner expenses low, consisting of water, insurance and taxes only. The current set up consists of a bi-level duplex with 4 beds, 2.5 baths with the entire private backyard ($3300). One floor above is a 3 bed, 2 bath ($2400). The top floor apartment is a 2 bedroom with a large private patio ($2100). The location is fantastic and convenient, just one block from Atlantic Ave., and only a few streets to the subway. Located just one block away is the supermarket, and the building is also nearby to restaurants, bars, gyms, and much more.
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.
