5 unit rental apartment for sale, one toltal rennovate two bedrooms vacant apartment, new common area floor, new kitchen and floor in two others units, two rencently replaced hot water heaters, near to subway station, current gross yearly income: $131,760, net operating income $98202, current cap rate 6.5%, project rent : $157,560, yearly projected net income $124,002, project cap rate: 8.2% great investment property. possible deliver one apartment vacant, please do not bother if your client are looking fully vacant building, must make appointment to show the building through listing agent , please do not knock on the tenants door.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Basement
Full
Unfinished
Walk-Out Access
Cooling Information
Wall/Window Unit(s)
Heating Information
Baseboard
Water Features
Public
School Information
School Information for 651 Vermont St, Brooklyn, NY 11207