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8 bedroom Town House For Sale: 815..8 bedroom Town House For Sale: 815.. - 2

8 bedroom Town House For Sale: 815..

Lokacija Sjedinjene Američke Države › New York Datum objave: 05.04.2017 u 23:19 Datum isteka: 17.02.2031 u 11:23 Broj pregleda: 116 ID oglasa 497561

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PARKSIDE INVESTOR'S DELIGHT! RENOVATED 3 FAMILY HOUSE for sale in Bed Stuy! Fronting Saratoga Park, this 3 family house was built in 2005 and consists of a 3 bedroom 1.5 bath, over a 3 bedroom 1.5 bath, over a duplex 2 bedroom (flex 3 bedroom) 1.5 bath with Garden. Currently rented out for $ 6,550, the house has a cap rate of 4.5% but upgrading the units could bring the cap rate up to 5.7% (ask for set up). Garden duplex is rented for $ 2,350 through May 31, 2017. 2 floor-through units above are rented for $ 2,100 each through October 31, 2017. These 2 units could easily fetch $ 2,300 each without updates as the rents are below market. Renovations would bring these up to $ 2,500 and the garden duplex up to $ 3,000 or more. Tenants pay own utilities. Basement could also be subdivided to include a laundry room & storage for tenants (there is a 2nd entrance to basement for upper 2 units which could be utilized). Great location, just a 4 minute walk to the Halsey Street J,Z trains and 11 minute walk to the Ralph Ave A,C trains. Half a block from Bed-Stuy Fish Fry.

Ref: 36508-16223637

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