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$ 1,995,000
Est. payment | /mo
12 Beds
6 Baths
2,500 Sqft Lot
$ 1,995,000
Est. payment | /mo
12 Beds
6 Baths
2,500 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11883651
Bedrooms 12
Full Baths 6
Year Built 1910
Annual Tax Amount $6,899
Lot Size 2,500 Sqft
Property Description
8% CAP RATE !! **5 family alert** Rare opportunity to own a 5 unit building. All units are free market. Each apartment has two bedrooms, a living room, a dining area, kitchen and a bright bathroom. Gas and electric are separately metered. First floor apartment is the biggest, with 4 bedrooms and access to the backyard and garden. The Entire property has been well maintained through the years. This property has extremely low taxes of a less than $7,000 a year! Located just Two blocks from B25 and B7 buses and the A,C train at Ralph Ave station. J,Z trains available at the Chauncey Station. Two of the apartments are occupied and Three will be delivered vacant. This property has huge potential with a gross of $197,760 and an NOI of $170,354.68 Annually. It is also possible to put laundry in the building basement for extra income.
Location
State NY
County 36047
Rooms
Dining Room 1
Kitchen Open
Interior
Furnishings 1
Building
Story 3
Nearby Locations
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