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$1,370,587
List Price: $1,395,000
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1707 East 34th Street
Townhouse in Marine Park •  building info
5bd • 4ba • 2,633ft² $530 per ft²
Buy with Yoreevo

$1,370,587

List Price

$1,395,000

Key Details
Listed today
Last price change
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Estimated payment
$8,254/mo
Taxes
$727/mo
Maintenance
N/A
Description
Prime Multi-Family Investment Opportunity Legal 3-Family with Exceptional Parking Rare opportunity to acquire a fully renovated legal three-family property with strong income potential and long-term value. The property sits on a 26.33 ft 100 ft lot with a building size of approximately 18.33 ft 40 ft, and each floor features a two-bedroom apartment layout with a living room, full bathroom, and kitchen, making the units highly rentable and appealing to tenants. The entire building underwent a complete gut renovation in 2018, with permits filed and signed off. Major improvements include new boilers, upgraded heating systems, and a new roof, along with professionally repointed brick exterior, significantly reducing future capital expenditures. Each unit is equipped with its own boiler, gas meter, and electric meter, minimizing landlord utility responsibilities and improving operational efficiency. A separate utility room is also in place for maintenance and system access. A standout feature of the property is the extensive parking capacity, including a legal two-car garage, private driveway, and an oversized concrete backyard capable of accommodating up to eight additional vehiclesan extremely rare amenity that can enhance rental value. All units are currently occupied on a month-to-month basis, allowing immediate rental income while providing flexibility for rent adjustments or potential owner occupancy. This semi-detached, low-maintenance, turn-key property presents an excellent opportunity for investors seeking multiple revenue streams and long-term upside potential. Note: The property is still tenant-occupied with on-time payments. Showings are available for serious offers only.

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Important Stuff
Washer/Dryer in unit
Pets allowed
Building info

History
What it'll cost
Purchase price
$1,395,000
Asking Price: $1,395,000
Term
30 Years
Down Payment
$139,000 (10%)
Min: 10% (139,000)
Rate
6.0 %
Mortgage Amount
$1,255,500
Mortgage Payment
$7,527
Taxes
$727
Estimated Yoreevo rebate
$24,413
Estimated closing cost
$51,000
Total monthly cost $8,254
Buy your dream home with us and get an estimated $24,413 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Howard Hanna NYC

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