Staten Island, NY 10305
A very rare multi- family residence in the desirable are of Arrochar. Situated on a generous corner lot that boasts 6688 sq. ft. in size, you are able to maximize and take full advantage of the rent generated from the additional storage space/containers bringing in an additional $650.00 per month with very little effort. Park your investment money here and receive a cap rate of 6.5% while having all of your rental units at full market value generating $6550 monthly, totaling $87,500 annually before expenses. You have an additional 1428 sq. ft of a partially finished basement with a separate entrance from the rear of the property. 5 gas meters, 5 electric meters. All this and you still manage to have a shared yard space for entertaining. 3 out of 4 units have been recently renovated.Showing
Listing Office: Century 21 Papp Realty
Last Updated: February - 10 - 2019
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Friday 15th of February 2019 10:19 PM