Newly available huge detached multifamily property on a sizeable lot. This property consists of two large apartments with 5 and 6 bedrooms with 2 full bathrooms each. Current tenants pay the heat and hot water utilities. Current rental income is $69,540, Total Annual Expenses $10,762, NET of $58,778, CAP rate 7.12%. Great investment opportunity with R6 zoning and 11,000 sqft buildable. There is a garage on the property with a shared driveway. A 7.12% CAP is a rare find in Brooklyn. Do not hesitate to give us a call today!
Listing courtesy of Century21 Melanie Kishk Realty.