Property Details

Overview

Turnkey 4-Family in Bedford-Stuyvesant - 5.8% Cap Rate This turnkey, income-producing 4-family property in Bedford-Stuyvesant presents a great investment opportunity with a strong 5.8% cap rate and immediate cash flow. The fully leased building comprises a spacious 4-bedroom, 2-bath duplex, and three well-appointed 3-bedroom, 2-bath units. Great Tenants: ? Reliable tenants that have consistently paid on time for the past two years with no complaints or issues. All units rented with leases extending through 2025, ensuring stable cash flow. ? Unit Breakdown: o One spacious 4-bedroom, 2-bath duplex with a finished basement. o Three generously sized 3-bedroom, 2-bath units. Each unit has its own meter and hot water heater, and tenants are responsible for their own utility bills. ? High-Quality Interiors: Large bedrooms with ample closet space and excellent natural light. Modern kitchens with stainless steel appliances, including gas stoves and dishwashers. o Hardwood floors and high ceilings throughout. o Video intercom system for added security. ? Additional Features: o Duplex unit includes access to a private backyard garden, providing additional outdoor space. o Shared rooftop. o Virtual doorman system for added convenience and security. ? Amenities: One unit equipped with an in-unit washer and dryer; other units can be upgraded to include this feature. ? Size and Layout: o 14 bedrooms and 8 bathrooms across 3, 825 sq. ft. Contact Information: For a full setup and additional details, please reach out today.