Exceptional income-producing opportunity in Brooklyn! This legal brick three-family property combines strong cash flow, a versatile layout, and a convenient location, making it an excellent choice for both investors and owner-occupants. This three-story property features three spacious 3-bedroom apartments, along with a full finished basement that offers valuable bonus space. The apartments have been updated, and the property features new electrical upgrades, providing modern improvements already in place. Currently generating gross rental income of $141,552 per year, this property presents an outstanding investment opportunity. Tenants pay their own electric and cooking gas. Conveniently located near the Grant Avenue A train station, as well as the Q8 and Q112 bus lines, commuting throughout Brooklyn, Queens, and Manhattan is simple. Enjoy close proximity to parks, shopping, supermarkets, restaurants, schools, and everyday conveniences. Whether you’re looking to expand your investment portfolio or occupy one unit while generating rental income, this versatile Brooklyn property offers an exceptional opportunity.
Listing courtesy of Listing Agent: Nora E. Avalos (nora@nysuperiorrealty.com) from Listing Office: NY Superior Realty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.