Why buy a 4 family when you can get a destabilized 6 family for the same or even less? 6 Apartments. ALL MARKET RENTS! NOT rent stabilized! NOT rent regulated! BONUS: Tenants pay their own utilities including heat, gas and electricity...low operating expenses! Priced to sell! This rare find is a great investment opportunity! Totally Renovated in 2007 this 6 family building has 5 three bedroom apartments and 1 two bedroom; Laundry with coin operated machines; plenty of basement area for storage and rentable space ...multiple opportunities to increase income!This is a rare opportunity for up and coming Central East New York. This property offers strong current cash flow with significant long-term appreciation potential.Rent-roll and income & expense spreadsheets available. DHCR destabilization documents available for investors and prequalified owner occupied buyer. Whether you're an experienced investor looking to maximize returns or a qualified owner-occupant seeking a larger income-producing property, this is an exceptional opportunity.
Listing By
Agency Name: JBarnes & Associates Inc
Agency Contact: 516-216-4722
Shown By
Agent Name: Brian O'Connor
Agent Phone: (516) 825-6511
Agency Title: Coldwell Banker American Homes
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677 Glenmore Avenue | MLS# 1025752
This commercial property located at 677 Glenmore Avenue , Brooklyn, NY 11207 is currently listed for sale with an asking price of $1,999,999. Glenmore Avenue is located within the Brooklyn 19 school district. Search Brooklyn real estate on brianoconnor.cbamhomes.com today.