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Milford Street

461 Milford Street / BROOKLYN / NY
$935,000
6
5
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Description
Available now
Sale listing #1840866
Taxes $4500/year
Located in East New York
Property Type: Townhouse
Floor: 1
Total Rooms: 9
The monthly total payment including maintenance and/or common charges plus taxes is $5,351/month. This assumes 20% down payment and a 30 year rate of 7.00%.
Want to know approximate closing costs? Visit our closing cost calculator

The property is currently being rented, but it can be delivered vacant in July 2024.
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
two-family home was fully renovated in 2019 and offers smart layouts and quality finishes throughout.

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.

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.

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
assist with mortgage payments.

Each unit has separate boilers and water heaters, allowing each apartment to pay for its own heating.

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
4 trains at New Lots Avenue.

If both apartments are rented at market value, the investor can enjoy a 6.3% CAP RATE.










Amenities
  • Washer/Dryer
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Listing by Brown Harris Stevens Residential Sales LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
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Highline Residential
(212) 960-8740
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