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96 Covert St., Brooklyn, NY 11207

$1,199,000
Listing Details:
$1,199,000 Price
Townhouse Property Type
Bushwick Neighborhood
8 Beds
4.5 Baths
3,000 Approx. Sq. Ft.
Key Features:
Unit Garden
Description:

Still Availble: INVESTOR MONEY MAKER! Currently fully rented for $ 6,100 monthly, this multi-family provides a 5.2% cap rate including expenses! 2 of the units are below market rent (still free market), the projected rent roll is $ 7,500 with a cap rate of 6.6%. This house consists of 2 duplexes over a floor-thru unit. Built in 2012, the house is 17' x 53.5' (per survey) on a 100' deep lot, and also comes with a legal parking spot! Available air rights of 1,139 sq ft.Apt 2: rented for $ 2,700 through March 2020. 3 bedroom 1.5 bath. Apt 1 rented for $ 2,100 through Feb 2019, 2 bedroom 2 bath with back garden. This is a lease from 2012, the unit would rent for $ 2,700 today.Garden unit rented for $ 1,300 (free market), month-to-month. This unit could rent for $ 1,800.Great location just a 7 minute walk to Wilson Ave L train stop, or 7 minute walk to Halsey St. J train (great for when L train closes for 15 months in April 2019). Easy sale with leases already in place! Tenants pay for heat, electric, and gas separately, landlord only pays water of $ 120 per month. SET UP available upon request, email or call Bryan Tomczuk today.

Listing courtesy of Halstead Property, LLC

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