Town house for sale in 1242 Putnam Ave, Brooklyn, Ny 11221, Usa

Brand New to Market. Turn key, fully renovated 3-Family Brick Townhouse [Can be delivered vacant or fully occupied]

* Located in an opportunity zone.

* Live in the spacious owner's duplex w/backyard and rent the other two units for income.

* Or rent the entire property and enjoy a 6.7% projected cap rate while the property appreciates.

Building size: 20x45 [3,600sqft]

Lot size: 20x100

Bedrooms: 6

Bathrooms: 6.5

Miscellaneous: 3 hvac furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric meters

Notes:

* Central hvac with Nest WiFi thermostats

* Fully equipped kitchens with matte black granite counters, large islands, green tile backsplash, and full sized appliances by ge

* Whirlpool full sized washer / dryer [gas] in each unit [vented out]

* Video intercom

* Plumbing fixtures by Kohler & Delta

* Bluetooth bathroom speakers

* High ceilings on all floors

* 8ft hardwood interior doors & moldings

* Excellent closet space in each unit

* Hardwood natural oak floors

* LED lighting throughout

* HD security cameras

* Wired for TV and internet in each room

* Oversized private outdoor spaces for each unit

* Sound proofing between floors

* New roof, windows, insulation, plumbing, electrical, etc.

Projected rental income:

Unit 1 = 2Bed 2.5Bath duplex with private backyard [$5,500]

Unit 2 = 2Bed 2Bath with private terrace [$4,500]

Unit 3 = 2Bed 2Bath with private roof [$5,000]

total = $15,000/month = $180,000/year

Approximate yearly expenses:

Taxes: $3,014

Insurance: $3,600

Water & Sewer: $1,950

Garbage maintenance & cleaning: $1,800

Electrical: $480

Gas: $0

Repairs: $1,500

total = $12,344

Close to M, L subway lines at Myrtle-Wyckoff and J, Z lines at Gates Avenue. Tons of food, entertainment, cafes in the area including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Just a short uber/bike ride away to Ridgewood and Bedford-Stuyvesant.