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!
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
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#: 477592

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