East Flatbush Real Estate

861 East 51 Street, East Flatbush, NY 11203

[East Flatbush Real Estate, listing number 6967803]



Description: 6967803
   Two-of-a-kind, extraordinarily large, legal Three Family in East Flatbush is a perfect option for the end user or investor buyer. Aside from the attached twin building, no other three family property of this size exists in this neighborhood! Each apartment is almost 1300 SF and features three bedrooms and two bathrooms, including a king sized Master Bedroom with en-suite bathroom. With hardwood floors throughout, the layouts are identical across the three floors, with variations in the entrances to the spacious living rooms, all brightened by over-sized panel windows. A formal dining area opens to a windowed kitchen, offering convenience and flow, whether entertaining friends or multi-tasking with family. The finished basement and the 1st floor apartment share an exterior entryway and foyer. The basement stairs lead to two bedrooms and two bathrooms, one of them en-suite, along with a laundry room, utility room and living space. In addition to a narrow backyard, this incredible property offers a three car driveway. This home is conveniently located a block from the B7, B8, and B46 Select Bus stop-- 4 stops to the 3/ 4 trains, and 5 stops to the A/ C train lines. Conveniences like eateries, dry cleaners, and supermarkets are within blocks. The current monthly rent roll is $7600. The after-expense annual income is $69,260. The first and second floor units will be delivered occupied by great tenants, neither of whom have a lease, and the light-filled third floor will be delivered vacant. If an accepted buyer wanted the vacant unit to be rented before closing, it can be arranged. Property is well maintained and has a 1.5 year old roof and a 2 year old hot water heater. HereĆ¢??s a rare opportunity to own a unique investment property in a steadily appreciating neighborhood with high rental demand, or to move into a spacious home that pays for itself. See for yourself, what the fuss is all about! Please note: Listing agent has an equity interest in the property.

Details:
   Families: 3
   Bedrooms: 11
   Bathrooms: 8
   Property Type: Multi-Family
   Rooms: 22
   Built: 1991

Financials:
   Price: $1,150,000

 

Keller Williams Realty Empire
Natalie Mccormack Richards
Office: (718)954-8400

email: BKVillage@kw.com
provided by Brooklyn Bd of Realtors

Visit Website