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| Description: 7358030 | |
| Excellent investment opportunity in Williamsburg. 227 Devoe Street consists of two separate buildings with five residential units in each, for a total of 10 apartments. Five apartments will be delivered vacant, including a spacious 4-bedroom ownerâ??s unit with direct access to the backyard, providing immediate rental upside and flexibility for an owner-user or investor. There is also the possibility of a vacant building. The property has been well maintained and updated throughout. The exterior, roof, and boiler have all been renovated or replaced within the last five years, and the building has been consistently kept in excellent condition. Conveniently located near public transportation, shopping, restaurants, and neighborhood amenities, this is a solid Williamsburg multifamily investment with strong existing income and additional upside. Ideal for investors, owner-users, 1031 exchange buyers, or those seeking a multifamily asset with substantial potential and a future value-add strategy. Set-up with rental income available upon request. | |
Details: |
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| Families: | 10 | |
| Property Type: | House | |
| Acres: | 0.06 | |
| Built: | 1920 | |
| School District: | Brooklyn 14 | |
Financials: |
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| Price: | $2,899,999 | |
| Taxes: | $35,785 | |
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