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Sold for $1,997,000 on 02/27/24
  • $1,997,000

    643 Morgan Ave, Brooklyn, NY 11222

    --beds
    2,559sqft
    Multi Family
    Built in 2005
    -- sqft lot
    $2,225,900 Zestimate®
    $780/sqft
    $7,055 Estimated rent

    What's special

    If you're looking for an investment that you can both live in and make money, then this for you. It offers the purchaser an excellent income potential in a low maintenance modern building. If you're considering buying a Condo that is about $2M, why not consider this 3 Family that potentially make you money without the wait of board approval or requirements. This 3-family property is perfect for a primary residence with two income producing units or as an investment property. Currently, all three units are being used as free market rentals. Built in 2005 - All units have been renovated with lots of upgrades. All units have an outdoor area. Building has coin operating washer and dryer machine for extra income. Tenants pay all their own utilities. Landlord pays for RE taxes, insurance, water/sewer and common utilities for laundry/hallway/areas, etc. Income: $3350 per month / $40,200 annual - 1st Floor duplex with basement - 3 Bedrooms and 2 Bathrooms with a back yard. $3100 per month / $37,200 annual - 2nd Floor - 3 Bedrooms and 2 Bathrooms with back outdoor balcony. $4000 per month/ $48,000 annual - 3rd Floor duplex with 4th floor - 4 Bedrooms and 2 Bathrooms with a huge outdoor terrace. $100 per month / $1,200 annual - Garage (potential garage rent is $400 to $450 per month) Total Annual Income: $126,600 Located in Greenpoint Brooklyn NY in close proximity to McGolrick Park, small shops, restaurants, transportation, etc... Please note that all showings are by appointments only because all units are currently tenants occupied. For more information, please contact DiTommaso Realty for more information and showing appointment. Thank you!

    Zillow last checked: 7 hours ago

    Listing updated: February 28, 2024 at 05:59am

    Listed by:

    Dawn M. Eugenio 347-236-8294,

    DiTommaso Real Estate

    Source: BNYMLS,MLS#: 477592MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 6
    • Full bathrooms: 5
    • 3/4 bathrooms: 1
    Heating
    • Natural Gas, Hot Water
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Other
    • Basement: Full
    Interior area
    • Total structure area: 2,559
    • Total interior livable area: 2,559 sqft

    Property

    Parking
    • Parking features: Street, Other
    • Has uncovered spaces: Yes
    Features
    • Stories: 4
    • Patio & porch: Deck
    • Exterior features: Patio Garden
    Lot
    • Size: 1,123 sqft
    • Dimensions: 24x46
    • Features: Back Yard
    Details
    • Foundation area: 828
    • Parcel number: 026590134
    • Zoning: R6B
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Masonry
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • Year built: 2005

    Utilities & green energy

    • Electric: 220 Volts

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Brooklyn
    Services availability