Beautiful Mulifamily Brooklyn New York 11203

Address: 588 brooklyn ave, brooklyn New York 11203 United States

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Advertiser Information

Advertiser
Firm: Asset Assoicate
Country: United States
State: New York Residential Homes
City: Residential Homes in Brooklyn, NY
City Location: Brooklyn Classifieds
Website: Website
Phone: 347 8663662
eMail Form: Contact Form
Listings: 's Residential Homes Listings

Residential Homes Details

Price: $20,500
Type: Mulifamily
Square Footage: 1,300
Bed Rooms: 5
Bath Rooms: 2
For Sale By

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Price:: $20,500
Ad Placed:: 10/31/2009
Ad Expiration:: 10/26/2010
Phone:: 347 8663662

Features - Brooklyn (NY) Mulifamily Residential Homes

Near Transit, Refrigerator, Oven, Wood Floors, Tile Floors, Utility Room, Central Heat/Air

Description - Residential Homes - Mulifamily 5 2 - Brooklyn, New York 11203

Advertiser Website

The property needs $40k in work, approximately $20k per unit. Repairs needed: new kitchens, new bathrooms, roof repair, drywall work, siding, electric panel update, some windows, paint and carpet.

Directions: View Map

Comments:
Looking for a quick sale! CAN CLOSE IN AS LITTLE AS 5 DAYS!! This won't last since I'm only asking $20,500 net to seller or best offer!!

Information:

This 2 flat worth over $130k(see comps below) will cash flow after repairs. Each unit can rent between $800-$1000 a month. The first floor unit has 3 bedrooms and 1 bathroom and the second floor unit has 2 bedrooms and 1 bathroom. Each unit has it's own electric meter
Great cash flow property - Hold = $1,000+
Great profit - Flip = $50 - $70K
Comps:
1642 Thorn St 10/14/08 $185,000
1038 Emerald Ave 7/2/08 $138,000

Price: $20,500 Creation Date: 10/31/2009 Phone Number: 347 8663662

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