I'm excited to list a legal four-family house located on a quiet Cul-De-Sac street, next to the legendary Zum Stammtisch and Cooper Ave / Myrtle Ave triangle; surrounded by many stores, fine restaurants, cafes, and places of worship. The property generates a gross income of $70,000 and has the potential to make more. Expenses: tax $6,976.86, electricity $600, gas $4,000, water $2,200, insurance $1,100 Net income: $55, 628. Projected net: $85,200. Cap 4.4%, Projected cap 5.63%
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
