Description
Sell with 1013 Rutland Rd as package deal. Double Mixed-use, Super Income Producer Building in East Flatbush! Lot: 40'X100' Buildings: 20'X98' and 20'X65' Gross Building Area: 5,860Sq. Ft + 2,600Sq. Ft Basement Space The well maintained double mixed-use building is located in a busy location in East Flatbush, and fully leased. The first floor is rented to a single tenant(Laundromat)with a total of 3,260Sq. Ft of space. The second floor contains four residential apartments with 2,600Sq. Ft. These buildings are an investor's dream as all of the heating and hot water have been separated for all of the units. Each tenant is responsible for their heating/hot water expenses. the building has a gross income of approximately $155,000 and offered at a 6.55% cap rate with its current income. These buildings are a hidden gem and a great addition to anyone's income portfolio! Please call for detail rent roll and expense information.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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3,240SQFT
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$611$/SQFT
School Ratings & Info
Description
Sell with 1013 Rutland Rd as package deal. Double Mixed-use, Super Income Producer Building in East Flatbush! Lot: 40'X100' Buildings: 20'X98' and 20'X65' Gross Building Area: 5,860Sq. Ft + 2,600Sq. Ft Basement Space The well maintained double mixed-use building is located in a busy location in East Flatbush, and fully leased. The first floor is rented to a single tenant(Laundromat)with a total of 3,260Sq. Ft of space. The second floor contains four residential apartments with 2,600Sq. Ft. These buildings are an investor's dream as all of the heating and hot water have been separated for all of the units. Each tenant is responsible for their heating/hot water expenses. the building has a gross income of approximately $155,000 and offered at a 6.55% cap rate with its current income. These buildings are a hidden gem and a great addition to anyone's income portfolio! Please call for detail rent roll and expense information.
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