Property
| Ownership: | Multi-Family |
|---|---|
| Rooms: | 12 |
| Bedrooms: | Studio |
Financials
Price:$1,395,000
Listing Courtesy of Corcoran Group
487 Hart Street Turnkey Two Family Investment Opportunity in Prime Brooklyn Welcome to 487 Hart Street, a well maintained two family stucco townhouse set on a 20 x 75 lot, ...
Description
487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn
Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs.
The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 6% cap rate.
The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard
The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light.
Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset.
Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.
Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs.
The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 6% cap rate.
The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard
The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light.
Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset.
Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.
Amenities
Outdoor Parking;
Neighborhood
More listings:
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.
