Great investment opportunity in East Flatbush. Fully detached brick 9-family building with paying tenants already in place. Property sits on a 40 x 100 lot and offers approximately 4,700 square feet of living space. Building size is 27 x 85! The building features 2 two-bedroom apartments (Units 2A and 3A) and 7 one-bedroom apartments. Current annual income is approximately $145,000 with yearly expenses around $45,000, making this a solid income-producing property from day one. Located in a strong rental area of Brooklyn, New York City, this is a great opportunity for investors looking to add a stable multifamily property to their portfolio. Priced to sell and won’t last long.
Great investment opportunity in East Flatbush. Fully detached brick 9-family building with paying tenants already in place. Property sits on a 40 x 100 lot and offers approximately 4,700 square feet of living space. Building size is 27 x 85! The building features 2 two-bedroom apartments (Units 2A and 3A) and 7 one-bedroom apartments. Current annual income is approximately $145,000 with yearly expenses around $45,000, making this a solid income-producing property from day one. Located in a strong rental area of Brooklyn, New York City, this is a great opportunity for investors looking to add a stable multifamily property to their portfolio. Priced to sell and won’t last long.
Listing Courtesy of Remax Top Nest Real Estate