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$ 850,000
Est. payment | /mo
2,500 Sqft Lot
$ 850,000
Est. payment | /mo
2,500 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 942051
Rental Info No
Year Built 1930
Annual Tax Amount $10,362
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Source onekey2
Property Description
Exceptional Investment Opportunity. This solid, R6 ZONED six-unit building, featuring six one-bedroom apartments, delivers a strong 7% cap rate and reliable year-round income. All units are well-maintained and fully rented, making this a turnkey acquisition for investors seeking immediate cash flow. Convenient location, stable tenancy, and consistent performance make this property an ideal long-term hold.
Property Overview
-Well-maintained structure and systems
-Turnkey, income-producing asset from day one
Investment Highlights
-Reliable Cash Flow: Fully rented with consistent year-round income.
-Low Vacancy Risk: One-bedroom units remain in high demand, supporting strong occupancy stability.
-Operational Efficiency: Straightforward management with predictable operating expenses.
-Value Stability: Multifamily assets in this category historically provide long-term appreciation and income durability.
-Location Advantages: Proximity to transportation, employment centers, and local amenities supports tenant retention and rent resilience.
Property Overview
-Well-maintained structure and systems
-Turnkey, income-producing asset from day one
Investment Highlights
-Reliable Cash Flow: Fully rented with consistent year-round income.
-Low Vacancy Risk: One-bedroom units remain in high demand, supporting strong occupancy stability.
-Operational Efficiency: Straightforward management with predictable operating expenses.
-Value Stability: Multifamily assets in this category historically provide long-term appreciation and income durability.
-Location Advantages: Proximity to transportation, employment centers, and local amenities supports tenant retention and rent resilience.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Bilco Door(s), Finished, Full
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Trash Collection Public, Water Connected
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Schools
High Schools Brooklyn
School District Brooklyn
Others
Special Listing Condition None
Listed by YourHomeSold Guaranteed Realty • William Santos
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "