Renovated semi-detach Brick 2 family +Garage next to L Subway
Located on 1722 Norman St in Ridgewood at the border with the HOT upcoming neighborhood of Bushwick in Brooklyn, where Real Estate prices are going up rapidly and the rent is already high. This house is most likely to achieve a high value appreciation within the next few years, while meantime generates a nice income of up to $7,000-8,000 a month. This attractive location is a short distance from the Halsey St L Subway station, and to shopping and restaurants around Myrtle Avenue. The house is a semi-detach Brick building, legal 2 family with a full size finished basement and a 2 car garage, and it is renovated and vacant, ready to move-in. The layout includes 3 bedroom apartment on each floor, and the finished basement has many windows and a separate entrance (so the building also can be used as a daycare.) The first floor can be combined with the basement as a 5 bedroom/2bathroom duplex which can be rented for $4,500 a month. The top floor can be rented for $3,000-3,500 a month. Each apartment has its own separate boiler, hot water, and gas & electric meters.
Asking: $1,329,000
SOLD
