![[Bay Ridge Real Estate, listing number 3324904]](https://www.vlshomes.com/images/full/3324904a.jpg)
| Description: 3324904 | |
| Outstanding Mixed-Use Investment Opportunity. Discover an exceptional investment property located in the highly desirable Bay Ridge neighborhood. This solid mixed-use building offers one commercial unit and three newly renovated residential apartments, providing strong rental income and long-term upside in a prime Brooklyn location. Commercial Unit (1st Floor â?? Street Level) Currently occupied by a barbershop, Tenant pays hot water and electricity, keeping owner expenses low. Residential Units (All Newly Renovated) 1st Floor Rear â?? 2 Bedroom Apartment. Vacant and fully updatedâ??perfect for immediate leasing or personal use. 2nd Floor â?? 5 Bedrooms, 1.5 Baths, spacious layout with modern renovations, 3rd Floor â?? 5 Bedrooms, 1.5 Baths, Newly renovated with generous living space. Strong rental income $118,980/year, expense only $20,208/ Year. Net 5.5%. A perfect location for both residential and commercial tenants. WON`T LAST. | |
Details: |
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| Families: | 3 | |
| Property Type: | Mixed Use | |
| Built: | 1931 | |
Financials: |
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| Price: | $1,880,000 | |
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