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Updated Brick 3 family close to subway in Ocean Hill with $8,000 income

Located at 125A Hull St, legal 3 family Brick building, 3 story +finished basement. It was fully updated a few years ago and is in excellent shape, fully occupied, money maker. Low taxes, with a monthly income of $8,000 the cap rate is close to 6%. The house is close to many subway lines: A, L, C, J, and even the LIRR. The layout includes 3 bedroom/2 full bathroom apartment on each of the top two floors, and a mini-duplex garden unit of 2-3 bedroom/2 full bathroom on the first floor +basement. Each unit pays its own separate heat, hot water, and gas & electric meters.
Lot size: 19.4/100
Building Size: 19.4/45
Legal 3 family Brick building
Asking: $1,499,000

SOLD

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We have hundreds of properties available for showing - many of them completely renovated and vacant, ready to move in. Moreover, as part of being a R.E.B.N.Y. (Real Estate Board of New York) participant, we have access to thousands of properties all over Brooklyn, Queens, and Manhattan. No registration needed; just dive-in and search for homes! And like all our services, it is completely free!
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© 2021 Brownstone King

Brownstone King is affiliated with Massada Home Sales, Inc. located at:

389 Nostrand Ave, Brooklyn, NY 11216, Tel: 718-658-7200

389893333

Disclaimer: This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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