Active
No Longer Available
About this Property
Excellent Investment Opportunity! All brick semi-attached 6 Families building in the center of Midwood and Kings Highway Area. Close to Busy Kings Highway shopping area, schools and Q & B train, Kings Highway Station. There are 5 - Two Bedrooms/1 Bath Apartments and 1 - 1 Bedroom/1 Bath with private driveway and car port. Actual: Rent Roll $ 159,330.00, Operation Expense $ 49,614.00, NOI $ 109,716.00 and Cap Rate 5.5%. Projection Rent Roll $ 169,800.00, Operation Expense $ 52,100.00, NOI $ 117,705.30.
Details
- Status:No Longer Available
- Size:5451 Sq Ft
- Type:Multi-family
- ID:6930251
- Tax:$ 28110
- Year Built:1926
- Flooring: Laminate,Tile,Other
- Financing Type: Bank Mortgage,Cash
- Zoning: R4-1
- Roof Type: Flat
- Yard: Back
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Amenities
Location
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Tax:$28,110
6
BA
11 BD