Loring Estates Townhouses in Brooklyn.Beautiful Quiet Area.Great Investment.(76 Brick Townhouse Community built in 2007)*** Cap rate 9% ***$595,000 Investor financing at bank rates available with 90% LTV. All buildings have 3 apartments plus 1 car garage & back yard.Rent roll as follows;* 1st Floor: 1 Bed / 1 Bath = $1100 Note: Basement has an additional 1,000sf w/ high ceilings. Also includes Bed/Bath, recreation area, and private yard. (possible duplex conversion with 1 bedroom unit for an extra $800 in rent roll)* 2nd Floor: 3 Bed / 2 bath w/ terrace = $1650 * 3rd Floor: 3 Bed / 2 bath w/ terrace = $1650 * Garage: 1 car with 1 car driveway = $150.00 * Gross rent roll monthly $5,350/yearly= $64,200* Tenants pay their own utilities: gas/heat & hot water, electric/central air.CONTACT: *** Mr. Ralph Porretti @ 1-917-459-1021***
Off market
$1,094,800
446 Sapphire St, Brooklyn, NY 11208
7beds
5baths
2,961sqft
MultiFamily
Built in 2004
-- sqft lot
$1,094,800 Zestimate®
$370/sqft
$3,454 Estimated rent