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Presented by: Brown Harris Stevens - 1926 BroadwayPowered by Highrises
For Sale

$935,000

461 Milford St, Brooklyn, NY 11208

  • 6Beds
  • 5Baths
  • -SqFt
  • 6Beds
  • 5Baths
  • -SqFt
  • Property Type
    Townhouse
  • Year Built
    1920
  • On highrises
    77 Days

Property Details

The property is currently being rented, but it can be delivered vacant in July 2024. <br>A great opportunity to own a turnkey investment or a primary residence with an income-producing rental in booming East New York. This semi-detached legal<br>two-family home was fully renovated in 2019 and offers smart layouts and quality finishes throughout.<br><br>The first-floor apartment is a spacious 3-bedroom, 2-bathroom unit with a large living room, high ceilings, and access to a private backyard and a finished basement.<br><br>The finished basement features a full-sized windowed bathroom and has access to the backyard, making it an ideal space for additional recreation, a gym, or an office.<br><br>The second-floor unit is a 3-bedroom, 2-bathroom apartment with high ceilings and a skylight. Currently rented to a great tenant, enjoy the rental income that will<br>assist with mortgage payments.<br><br>Each unit has separate boilers and water heaters, allowing each apartment to pay for its own heating.<br><br>The property is located on a residential tree-lined street providing easy access to public transportation, including the A train to Euclid Avenue and the 2, 3, and<br>4 trains at New Lots Avenue.<br><br>If both apartments are rented at market value, the investor can enjoy a 6.3% CAP RATE.<br><br><br><br><br><br><br><br><br><br><br>

Property Features

Bedrooms

  • Bedrooms: 6
  • Presented by:
  • Evgheni Petish Abramovich

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