Sold
Share Listing
Save Listing
172 Veronica Place
Townhouse in Flatbush •  building info
6bd • 4ba • 2,800ft² $468 per ft²
Sold price

$1,310,000

Key Details
Days on market
333
Last price change
loading...
Estimated payment
$8,078
Taxes
$626
Monthly maintenance
N/A
Description
This pristine Flatbush semi-detached four-family house is an exceptional opportunity for investors or home-buyers seeking income generated from three additional rental units. The entire property has been gut-renovated and includes hardwood floors, washer-dryers and stainless-steel appliances, including dishwashers. Electricity and the roof were updated during the building's thorough renovation. The four separately metered units include two (2) one-bedrooms and two (2) two-bedrooms, including a duplex with a finished basement and access to the gorgeous backyard. This property offers very low annual expenses at approximately $10,000 per year and solid rents: 1F $1,700 1R $2,200 2F $2,000 2R $1,800 Projected Net Income of approximately $79,728 as an investment property 6.1 percent CAP Rate! Three units to be delivered vacant: Unit #2R is occupied with an excellent tenant paying $1,800 with a lease in place until July 2021. Consisting of 2,800 square feet on a 20-foot by 100-foot lot, this property is conveyed with approximately 2,000 square feet of air rights available. Located on a charming tree-lined street in Flatbush, this building is close to great shopping, dining and services along Flatbush Avenue. Massive Prospect Park is less than a mile away, and 2, 5, B and Q trains provide easy access to the rest of the city. - WE HAVE VIRTUAL TOUR VIDEO AVAILABLE FOR EACH APARTMENT ---

Read Less

Important Stuff
Pets allowed
History
What it'll cost
Purchase price
$1,310,000
Asking Price: $1,310,000
Term
30 Years
Down Payment
$131,000 (10%)
Min: 10% (131,000)
Rate
6.5 %
Mortgage Amount
$1,179,000
Mortgage Payment
$7,452
Taxes
$626
Estimated closing cost
$48,000
Total monthly cost $8,078
Listing Courtesy of Compass

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.