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Christopher DeKanchuk

chris@chrissellsthecoasts.net +1(843) 817-5559

$ 1,900,000

Est. payment | -/mo

Save

$ 1,900,000

Est. payment | -/mo

Save

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Midwood

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

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Landmark International R E LLC • Dongyue Niu

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(843) 817-5559

chris@chrissellsthecoasts.net

128 Millport Circle, Suite 200 Greenville, SC 29607, USA

1586 E 22 st Brooklyn, NY 11229