This solid brick and immaculately well maintained 6-family dwellings will amaze you with its size, location and potentials to converting into a generating multi-million dollar project. It is fully detached with a 3-car private driveway & garage, a huge renovated and finished basement with a brand new gas boiler & 1/2 bath. 1st floor consists of 1br and 2br apartments, 2nd floor of 2br and 2br apartments and third floor of 2br and 2br apartments, the roof is fairly new and a camera system already in place, the entire yard is concrete paved and fenced for privacy. The property is fully tenant occupied with less than two year lease remaining, It is a Rent Control building and all existing rents at below market value. Lot size: 40' x 100', Building size: 25' x 80'. Zoning: R5. 1st floor with a total rent of $2,250.42, 2nd floor with a total rent of $2,895.05 and 3rd floor with a total rent of $3,180.58. Please, do not contact or disturb the seller & tenants!!! Contact Carl for more details or questions. The property is being sold in "AS IS Condition" with all the tenants. Seller seeking all cash buyers only with proof of funds. All conditions should be met prior to any showing. Yearly expenses: Tax: $19,866, DEP: $7,006, PLP: $2,256, Gas/heating: $8,892, Insurance: $9,000, Maint. $2,400 RENTAL INCOME: $99,912 (year-2023) Property located near the subway line of #2 and 5 trains, various infrastructures including shopping centers, houses of worship, Hospitals and many many more. Do not let this amazing opportunity slide away. Investors delight...ALL CASH BUYERS ONLY, DO NOT WASTE OUR TIMES!!!
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.
