677 Glenmore Avenue, Brooklyn, NY 11207

$1,999,999

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List Price
$1,999,999
Days on Market
15
MLS#
1025752
Status
ACTIVE
Property Type
Multi Family
Year Built
1935
Property Tax
$19,113
School District
Brooklyn 19

Property Description

Why buy a 4 family when you can get a destabilized 6 family for the same or even less? 6 Apartments. ALL MARKET RENTS! NOT rent stabilized! NOT rent regulated! BONUS: Tenants pay their own utilities including heat, gas and electricity…low operating expenses! Priced to sell! This rare find is a great investment opportunity! Totally Renovated in 2007 this 6 family building has 5 three bedroom apartments and 1 two bedroom; Laundry with coin operated machines; plenty of basement area for storage and rentable space …multiple opportunities to increase income! This is a rare opportunity for up and coming Central East New York. This property offers strong current cash flow with significant long-term appreciation potential. Rent-roll and income & expense spreadsheets available. DHCR destabilization documents available for investors and prequalified owner occupied buyer. Whether you’re an experienced investor looking to maximize returns or a qualified owner-occupant seeking a larger income-producing property, this is an exceptional opportunity.

Additional Information

Acres
0.06
Parking
On Street
Basement
Common, Storage Space
Heating
Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Vinneth Barnes (jbarnesassets@gmail.com) from Listing Office: JBarnes & Associates Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.