House of the Day: 386 Sackett Street

This three-family brownstone at 386 Sackett Street between Hoyt and Smith in Carroll Gardens needs a full renovation, according to the listing, and is priced at $1.8 million. We’re assuming from the lack of photos that kitchens and baths need work, but some details remain, and it would be easy enough to improve the look of the parlor floor with a few salvage mantles. If this were ours, we’d be inclined to flip the owner’s duplex so bedrooms are on the ground floor, with living on the parlor level and a new kitchen over the existing one-story extension. The rentals ought to fetch at least $4,000 a month combined. Do you think it’s a good deal?
386 Sackett Street [Corcoran] GMAP P*Shark