Perfect for a 1031 exchange, this three-family townhouse was built less than 20 years ago. It has very low expenses and a good rent roll, with room to grow. Located next door to Lefferts Manor known for its picturesque single family homes. These large apartments make for highly desirable rentals in an area that suffers a shortage - and the building has a curb-cut for parking. Investment Potential: Offers immediate rental income and holds potential for future development. There is additional FAR to build more on the lot; the full-height basement could become valuable living space. Owner Occupant: Duplex the first floor with the basement, have 2,000 SF of living space plus a full garden and parking. Rental income from the two units above would pay the mortgage. Recent Renovations: The top two apartments have updated kitchens and bathrooms, each with three bedrooms and two bathrooms. The first-floor apartment is a two bed-two bath.
Extra Information for 333 rutland road Brooklyn, NY 11225
- Seller Type: Agent/Broker
- Category: Single-Family Houses
- Square Feet: 2000
- Conditions: Resale
- Amenities: Storage
- Listed Date: Oct 21, 2024