Completely turn key Ocean Hill three unit brick stunner offering 6%+ cap rate with no improvements needed! This 20' by 50' mint condition brick building shows strong rental income to cover all expenses with each unit paying utilities independently. 3 renovated, high income producing apartments plus convertible garage and back yard! Occupy one apartment and live mortgage free by collecting income from the other two! 3 full floor units with modern classic designed kitchens, with white quartz countertops, sleek black and white cabinets and charcoal tiled backslash. Each apartment has in-unit washer and dryer, modern baths, high ceilings and hardwood floors. Stainless steel appliances (gas range, dishwasher, built in microwave, XL fridge in each unit). The two upper floor apartments have 3 bedrooms, 2 baths plus home offices. The first floor apartment has a flexible layout with 2 bedrooms, 1 bath plus home office, with sliding doors leading to the sunny back yard. Each apartment has its own new compact heat and hot water systems which were installed within the past year. Separately metered gas and electric; with all tenants paying their own utilities. 2011A Fulton has a distinctly Brooklyn crafted stye, with reclaimed wood accented entry foyer, solid wood & wrought iron doors and high end finishes. Built in 2004, completely renovated in 2016 and updated with new roof and mechanicals witching the past year! Located within 100 feet to the A/C train, this brick building is a tremendous investment offering both ease of ownership and solid value. Set up offered upon request, call today for more details!

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Listed by Henze Marvin of Corcoran Group

Based on information submitted to REBNY as of September 29, 2022 10:49 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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