UNDER CONTRACT..........UNDER CONTRACT ALL SHOWINGS ARE BY APPOINTMENT ONLY. SELLER IS MOTIVATED TO SELL.......... Great Investment opportunity. Six (6) Unit Building The Top Floor Apartments (Two-Units) - (Each are 2 bedroom + 1 bathroom units) are currently occupied, and are Rent Stabilized. Top Floor Units are currently rented for ($1,835.00 & $1,850.00 per month). The building currently does not have a tax abatement in place, but the Rent Stabilized Tenants on the third floor are, and will remain entitled to renew their leases as Rent Stabilized Tenants / Lease holders. The other Four (4) Apartments (1st. and 2nd. Floor) are GUT RENOVATED with High End Finishes, are FREE MARKET APARTMENTS with 2 bedrooms + 1 bathroom, and are vacant. 1st. and 2nd. Floor Apartments (four (4) units) can be easily converted to 3 bedroom apartments + 1 bathroom. Basement is completely renovated. Currently the building has an oil tank for heating, hot water, and a Natural Gas Heater for Cooking only. Current oil tank for heating and hot water can be easily converted to natural gas. All apartments are individually metered for electricity, and cooking gas. Owner provides hot water, and heating during winter months. Washers and Dryers can be easily installed in the basement for tenants use, and additional income to buyer / new owner. Building is 30 Feet x 70 Feet. Lot is 47 Feet x 100 Feet, and allows for two (2) parking spaces for additional monthly / yearly income.. All corridors in the building have been completely renovated with new floors, apartment entry doors, and virtual doorman for units on the 1st. and 2nd. Floor. Great Investment Opportunity that will bring a 5% + CAP Rate. Four apartments are completely renovated with High End Finishes. All apartments have a lot of natural sunlight. Private back yard for the Tenants. Floor through apartments. EXTRA Large Living room that can be converted to a third bedroom with a large living room remaining. Contact me today for a private showing today. Don't miss out on this great investment opportunity.
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