Description
Great investment property with this four family Brownstone.This amazing four story brownstone for sale in Crown Heights North with ORIGINAL DETAILS is located on a lovely brownstone block. This home underwent a complete gut renovation in 2008. Part of the renovations includes all new plumbing, electric, HVAC'S, windows, faade, lighting, kitchens, bathrooms and roof. Each unit has its own central air/heat, hot water tank, cherry hardwood floors and fireplaces and a private storage room in the cellar for each apartment along with an area for laundry with washer/dryer. The ground floor apartment has a large garden at the rear of the brownstone. The kitchens feature custom cabinetry, granite counters and stainless steel appliances. Each floor pays for their own electric, heat and hot water. Owner only pays water/sewer and electric for hallways. Only one block from Franklin Ave commercial district which include many fine bars, cafes, boutiques and shopping! Near the 2, 3, 4, 5, A, C and Shuttle trains which make any commute to Manhattan or Brooklyn a breeze. This is a great investment opportunity in a fast appreciating area in Brooklyn. Income Expenses:- This four family has four tenants in place with monthly rents at approximately 10,000 per month. Real Estate Taxes for the year are approximately 7,775.Insurance for the building for the year is approximately 4,614Water. Electric Repairs approximately 6,019 total expenses are approximately 18,408