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Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 953966
Rental Info No
Year Built 1926
Annual Tax Amount $31,774
Property Sub-Type Multi Family
Source onekey2
Property Description
Great investment in the heart of Midwood . HIGH cap 6 family free market brick building.Right next to James Madison High school. Right now cap 7.85%. The whold building was renovated in 2022. Need to pay less attention to the maintence. Owner can provid payment history for the rent. High income producing building. monthly income 17585 monthly, pro forma income 19650 monthly expense 5147. net operating income per month is 12437 eight now and 14502 in the future. All tenant do not have lease. A great building which is worth to keep for life time. Imagine a life which you can take 14502 without doing anything. Owner will consider seller finance if good downpayment is put down.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Brooklyn
School District Brooklyn
Others
Special Listing Condition None
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Listed by Landmark International R E LLC • Dongyue Niu
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716