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309 East 96th St., Brooklyn, NY 11236

Active Listing
Listing Details:
$1,099,999 Price
Multi-Family Townhouse Property Type
Brownsville Neighborhood
3 Beds
3 Baths
2,860 Approx. Sq. Ft.
Key Features:
Unit Garden

Buy first and then decide if you want this brick 3 family all for yourself or as an amazingly smart investment. Located in Brownsville, right off of Kings Hwy, this 3 family house consists of two 3 bedrooms/1 bath units and 1 two bedrooms/1 bath. First floor has access to a lovely back yard. All 3 units are renovated with updated plumbing and are currently rented with a rent roll of $75500 a year. Use 1 unit and rent the other 2, use 2 and rent 1 or just buy as a pure investment property. After accounting for all expenses the cap rate on this multi family is a profitable 6.5%. This kind of opportunity does not present itself too often!

Listing courtesy of Remax Edge

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