bedrooms
6
bathrooms
3
square feet
2,772
Acreage
0.05
Open Houses
-
year built
1901
Full Baths
3
Half Baths
0
Price Reduced!
Great opportunity for anybody looking to invest!
All tenants on month to month leases
1fl -1,400
2nd fl -1,800
3rd fl -VACANT-Can rent for top dollar
Bsmt -700 for storage
Taxes 400 a month
Electric 50 a month
Water 100 a month
Insurance 250 a month
70,800 annual income
9,600 annual expenses
Net income 61,200 (6 pct cap rate)
Building is in excellent condition. Renovated within the last 7 years. Excellent tenants on month to month lease. Once apartments are vacated in the future, you can rent each unit for much more which can bring your cap rate to 12 pct or net income of around 100,000 AFTER expenses!
Location | |
Subdivision | - |
County | Richmond |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 2500586
Listing agent:
Jimmy Samaha
Listing broker:
Robert Defalco Realty , Inc.
(718) 987-7900
Copyright © 2025 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, February 12 2025 at 3:02 p.m. EST
Kotohomes National
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