7.31% CAP RATE !! **5 family alert** Rare opportunity to
own a 5 unit building. All units are free market.
Each apartment has two bedrooms, a living room, a dining
area, kitchen and a bright bathroom. Gas and electric are
separately metered. First floor apartment is the biggest, with 4
bedrooms and access to the backyard and garden. The Entire
property has been well maintained through the years. This
property has extremely low taxes of a less than $7,000 a year!
Located just Two blocks from B25 and B7 buses and the A,C train
at Ralph Ave station. J,Z trains available at the Chauncey Station.
Two of the apartments are occupied and Three will be delivered
vacant. This property has huge potential with a gross of $197,760
and an NOI of $170,354.68 Annually. It is also possible
to put laundry in the building basement for extra income.