Property
| Ownership: | Multi-Family |
|---|---|
| Rooms: | 11 |
Financials
Price:$1,100,000
Real estate tax:$7,236
Listing Courtesy of Douglas Elliman Real Estate
Outstanding Investment Opportunity !
Description
Outstanding Investment Opportunity!
Presenting a high income, turn-key income property offering immediate and reliable cash flow. This fully leased asset features a generous 4-bedroom unit generating $4200 per month and a well-maintained 3-bedroom unit earning $3,800 per month. The property presents a great value-add opportunity with the possibility of legally converting the existing two-family layout into a three-family configuration, adding to overall revenue.
With all units occupied, investors can benefit from instant rental income without the downtime or expense associated with vacancy turnover. With dependable performance, low operational demands, and compelling long-term growth potential, this property serves as a valuable addition to any real estate portfolio.
Presenting a high income, turn-key income property offering immediate and reliable cash flow. This fully leased asset features a generous 4-bedroom unit generating $4200 per month and a well-maintained 3-bedroom unit earning $3,800 per month. The property presents a great value-add opportunity with the possibility of legally converting the existing two-family layout into a three-family configuration, adding to overall revenue.
With all units occupied, investors can benefit from instant rental income without the downtime or expense associated with vacancy turnover. With dependable performance, low operational demands, and compelling long-term growth potential, this property serves as a valuable addition to any real estate portfolio.
RLS Data display by Nest Seekers LLC.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
