BIG 3 family in Bushwick, close to subway, with great income
Located on Madison Street off Broadway in Bushwick, very close to the subway, supermarket, restaurants, bars and many other amenities. This BIG 3 story legal 3 family building has an additional finished basement and a nice backyard. The house is in pretty good shape and well maintained, and each unit has its own separate gas heat & hot water. It is currently fully occupied with great tenants, generating $9,500 a month. The finished basement has a separate entrance and can be used to generate additional $1,500. The building configured with a 2 bedroom/1.5 bathroom Garden apartment on the first floor, and above it 2 apartments of 3 bedroom/1.5 bathroom each. Every apartment has its own separate gas & electric meters, and the property tax is very low, about 5,000 a year.
Lot size: 18.75/100
Building size: 18.75/50
Legal 3 family building
Asking: $1,799,000