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.
481707
Multi-Family, 3+ Story
11
Kings
6 Full
1926
0.07
Acres
3
Brick
5,451
Sq. Ft.
Bathrooms
6
Total:6
Interior Features
- Appliances
- Refrigerator, Cooktop, Gas Water Heater
- Flooring
- Tile, Laminate
- Heating
- Gas Heat. .
- Basement
- Full
Exterior / Lot Features
- Exterior
- Brick
- Zoning
- R4-1
Financial Considerations
$28,110
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