Description
Accepted Offer. Great opportunity to own a legal three family beauty located in the upper section of Morris Park in the Indian Village vicinity. This home has two three bedrooms, 2 baths and terrace apartments. These are 1000 square feet each with hardwood floors, dining room and walk-in closet in the master bedroom. The first floor is a two bedroom one bath walk-in (no steps). This apartment is approximately 850 square feet and has tiled floors. There is a partial basement with common coin-op laundry, boiler room (3 boilers and 4 hot water heaters) and storage. Each apartment has their own heating system. The yard is manicured. There is a one car garage and private driveway. Current rents are below market. Tenants do not have leases. Property being sold with tenants in possession. Potential annual gross income $88,200. Real estate taxes are low $1,565.32 due to 421A tax abatement for approximately 6 more years.
-
8BEDS
-
N/AACRES
-
5BATHS
-
01/2 BATHS
-
2,850SQFT
-
$386$/SQFT
School Information
Description
Accepted Offer. Great opportunity to own a legal three family beauty located in the upper section of Morris Park in the Indian Village vicinity. This home has two three bedrooms, 2 baths and terrace apartments. These are 1000 square feet each with hardwood floors, dining room and walk-in closet in the master bedroom. The first floor is a two bedroom one bath walk-in (no steps). This apartment is approximately 850 square feet and has tiled floors. There is a partial basement with common coin-op laundry, boiler room (3 boilers and 4 hot water heaters) and storage. Each apartment has their own heating system. The yard is manicured. There is a one car garage and private driveway. Current rents are below market. Tenants do not have leases. Property being sold with tenants in possession. Potential annual gross income $88,200. Real estate taxes are low $1,565.32 due to 421A tax abatement for approximately 6 more years.
© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2021-03-02T11:17:00.64.