1796 Eastern Parkway Brooklyn, NY 11233 Own a Brooklyn Home While Rental Income Helps Pay Your Mortgage Legal 3-Units Delivered Vacant FHA Eligible Offered at $1,349,000
Here's your opportunity to own a spacious Brooklyn home while generating rental income to help offset your monthly mortgage. Whether you're a first-timer or looking to move up from a condo or townhouse, 1796 Eastern Parkway offers the flexibility to live comfortably while building long-term wealth through real estate. The owner's duplex features 3 bedrooms, 1.5 bathrooms, and direct access to the backyard, providing the feel of a private home. Upstairs are two additional apartments-a one-bedroom and a two-bedroom-that can generate income to help reduce your housing costs. With FHA financing available with as little as 3.5 Percent down (for qualified buyers), homeownership may be more attainable than you think. Built in 2003 and offering approximately 4,136 square feet, this legal three-unit home also includes two off-street parking spaces, a valuable convenience in Brooklyn. A Great Opportunity to Make It Your OwnThe property is being offered "As Is" and will require repairs and updates. A recent home inspection identified maintenance items and deferred repairs, giving buyers the opportunity to renovate the home to their own style while building equity over time. Rather than paying a premium for someone else's renovations, you can invest in improvements that match your vision and budget.
Why You Will Love It Legal three-unit property Delivered completely vacant Owner's duplex with 3 bedrooms, 1.5 baths, and backyard access Additional one-bedroom and two-bedroom rental apartments FHA financing available for qualified buyers Two off-street parking spaces Built in 2003 Approximately 4,136 square feet Opportunity to customize and add value Rental income can help offset your monthly mortgage Convenient access to transportation, shopping, restaurants, parks, and neighborhood amenities Live Smart. Build Wealth.Imagine owning a home where rental income helps cover your monthly expenses while you enjoy the comfort of your own spacious duplex. As your equity grows and rental income increases over time, your home becomes more than just a place to live-it becomes an investment in your future. Whether you're purchasing your first multi-unit property or upgrading to a home with more space and income potential, 1796 Eastern Parkway offers a rare opportunity to live in one home while benefiting from two additional rental units. Offered at $1,349,000. Sold As Is.