Bayside real estate for sale in Bayside

253 Saint Nicholas Avenue, Bushwick, NY 11237

[Bushwick Real Estate, listing number 7243486]



Description: 7243486
   Solid 6% Return on Investment on this 8 Unit Income Generating building in the heart of Bushwick can''t be missed. The building is well maintained with the building size of 26.67 wide and 70 deep. Natural gas heating system with a new boiler recently installed. Front and back 2 spacious bedrooms can easily turn into a 3 bedrooms at owner''s choice. One guaranteed vacancy at the closing. Current rental incomes for 7 units are $112,920 annually and owner occupied unit will be vacant at closing for an annualized income at $132,120 less than annual expenses of $53,806.yeah

Details:
   Families: 8
   Property Type: House
   Acres: 0.06
   Built: 1931

Financials:
   Price: $1,350,000
   Taxes: $17,806