Excellent Investment Opportunity! All brick semi-attached 6 Families building in the center of Midwood and Kings Highway Area. Close to Busy Kings Highway shopping area, schools and Q & B train, Kings Highway Station. There are 5 - Two Bedrooms/1 Bath Apartments and 1 - 1 Bedroom/1 Bath with private driveway and car port. Actual: Rent Roll $ 159,330.00, Operation Expense $ 49,614.00, NOI $ 109,716.00 and Cap Rate 5.5%. Projection Rent Roll $ 169,800.00, Operation Expense $ 52,100.00, NOI $ 117,705.30.
|
DAYS ON MARKET
|
130
|
LAST UPDATED
|
6/12/2024
|
|
YEAR BUILT
|
1926
|
COMMUNITY
|
Midwood
|
|
COUNTY
|
Kings
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
|
Prior to Jun 12, '24
|
$2,000,000
|
| Jun 12, '24 - Today |
$1,900,000 |
| APPLIANCES |
Cooktop, Gas Water Heater, Refrigerator |
| AREA |
Midwood |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Baseboard, Natural Gas |
| LOT |
3049 sq ft |
| LOT DIMENSIONS |
100 x 30 |
| STORIES |
3 |
| TAXES |
28110 |
| ZONING |
R4-1 |
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Listing provided by Long Tommy Ngo, Re/Max Real Estate Professiona
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