Buy with Yoreevo
$2,210,625
List Price: $2,250,000
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2701 Glenwood Road

House in Flatbush •  building info
15bd • 8ba • 2,454ft² • $917 per ft²
Buy with Yoreevo

$2,210,625

List Price

$2,250,000

Key Details
Days on market
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Last price change
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Estimated payment
$13,784/mo
Taxes
Maintenance
N/A
Description
EXCEPTIONAL BROOKLYN INVESTMENT OPPORTUNITY | FULLY LEASED | 10% CAP RATE | 4% SELLER FINANCING OPPORTUNITY! An extraordinary opportunity to acquire a distinctive, income-producing multifamily property in the heart of Flatbush, Brooklyn! Welcome to 2701 Glenwood Road, an impressive property offering the rare combination of architectural character, established rental income, and compelling investment potential. Offered at $2,250,000 with a remarkable advertised potential 10% capitalization rate, this fully leased investment presents an attractive opportunity for investors seeking immediate rental income without the uncertainty of filling vacant units. Showcasing timeless architectural charm, an elegant exterior, and a commanding presence, this property stands apart from the ordinary. Its distinctive design and established Brooklyn location make it an appealing addition to a long-term real estate investment portfolio. THE OPPORTUNITY GETS EVEN BETTER — SELLER FINANCING AVAILABLE! Qualified purchasers may have the opportunity to benefit from seller financing with an advertised 4% assumed interest rate, subject to approval and negotiated terms. Inquire about the available assumable financing structure and discover how this opportunity may enhance your acquisition strategy. Conveniently located near Brooklyn College and approximately 0.2 miles from the Flatbush Avenue–Brooklyn College 2 and 5 subway station, this location offers convenient access to transportation, shopping, dining, and neighborhood amenities. A REMARKABLE COMBINATION OF CASH FLOW, CHARACTER, LOCATION, AND FINANCING! Ideal for investors seeking an established income-producing asset, portfolio expansion, or a potential 1031 exchange acquisition. With its distinctive castle-inspired architecture, 15-room 7 bathroom configuration, 2 bay garage with flexible space above, and existing rental income, this property offers a compelling combination of current performance and future possibilities. Opportunities combining these investment features merit serious consideration. Make an inquiry to request the rent roll, financial information, financing details, and a private showing. Serious inquiries welcome!

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Hardwood floors
Private outdoor space

Roof Deck

Building amenities
Services and facilities
Fios Available
Parking

Garage

Shared outdoor space
Garden
Building info
History
What it'll cost
Purchase price
$2,250,000
Asking Price: $2,250,000
Term
30 Years
Down Payment
$225,000 (10%)
Min: 10% (225,000)
Rate
6.5 %
Mortgage Amount
$2,025,000
Mortgage Payment
$12,799
Taxes
$985
Estimated Yoreevo rebate
$39,375
Estimated closing cost
$84,000
Total monthly cost $13,784
Buy your dream home with us and get an estimated
$39,375 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of eXp Realty

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