Income Producing great condition multifamily located in the heart of Sunset Park. Solid 5% Cap rate at asking price. 16 Units building with basement with additional storage. 13 of the 16 units are Free Market rent. All units are Two bedrooms One full bath. Excellent conditions in each unit. Perfect for 1031 exchange, long term investment. Assumable mortgage at 3.92 % interest rate! Newer boiler, furnace. Turnkey investment building for the right buyer. Rent roll and expense detail upon request. Call today.
Total annual income: $436,536. Annual expenses: $178,700. Net income: $257,836.