29 Jackson Ave, Staten Island, NY 10305

29 JACKSON AVENUE AND 31 JACKSON AVENUE - PACKAGE DEAL! MORE PICTURES AVAILABLE UPON REQUEST. Buildings: Each lot has two (2) separate two-family houses. Each “Front” building is on the street and the “Rear” on the back, separated by an attractive shared cement courtyard in between. A walkway alongside #31 provides access to Rear. There are a total of eight (8) apartments on the two properties. Good condition, well maintained. Newly renovated with hardwood floors, new kitchen floor tiling, kitchen cabinetry upgrades, most with new appliances. Fairly recent repairs to masonry exteriors, roofs, siding, interior plumbing, fairly recent new sewer and water lines, concrete courtyard and sidewalks. Quiet, safe neighborhood, near Verrazano Bridge, bus lines, schools and beach. Tenants are mostly long-term (5-12 years). All tenants except one are on Month-to-Month rental agreements, which can be changed with 30-day’s notice. There is no rent control or rent stabilization. Apt size Monthly Apt # (#BRs) ~s.f. Rent (actual and [estimated] ) 29 F1 3 600 2075 * provides own Heat & HW 29 F2 3 650 1700 * provides own Heat & HW 29 R1 2 525 1450 29 R2 2 585 1700 31 F1 3 565 [2100] 31 F2 3 725 [2200] 31 R1 1 500 1300 32 R2 2 500 1750 14,275/monthly TOTAL ANNUAL INCOME > $ 171,300 Expenses (Annual 2022) Insurance: 3168 Property Tax: 10600 Repairs & Maint.: 6380 Electricity: 1215 Heating Gas: 8185 Sewer & Water: 7100 TOTAL ANNUAL EXPENSES > $ 36,650 ANNUAL NET INCOME > $134,650