$10,000 Vacants to Value grant regardless of income!!! Must see photos and videos! 2 fully remodeled 4-unit buildings side-by-side for sale. Can be purchased together or separately and owner will deliver fully occupied at the attached proforma rents or higher. See attached plans for approximate layout of each unit.
Great portfolio booster! No expense spared this is the one you have been waiting on, and both neighboring buildings being remodeled as well. Imagine getting paid to live in your own luxury building. Well, you can live in this fully remodeled luxury building of your own, rent free/mortgage free, plus have cash flow! Seller owns a successful property management company, and has begun reviewing applicants and (if buyer desires) will deliver the property with tenants in place at, or above the rents in the attached proforma $5,750.00, or more (minus the unit buyer occupies). Or buyer can secure their own tenants, if that is preferable. Please see attached proforma. One 3br unit, Two 2br units, and one efficiency apartment. Come live rent free and mortgage free. Unmatched building with 4 licensed rental units, all lead certs, off street parking, almost everything brand new as seller has spent most of 2024 and all of 2025 fully remodeling this spectacular building from top to bottom. New systems throughout. New roof, new windows, Fully separate BGE in each unit. Please see attached proforma. Seller will deliver property with units rented at, or above the proforma rates, so buyer can live in one unit for free, and have the tenants pay the entire mortgage payment, plus pocket some extra cash. And with all the investment going into Harlem park and Upton, you need to get in while you still can! Come take a look and make the best investment in yourself you possibly can. For FHA buyers, guidelines allow you to use 75% of the rents towards your debt-to-income ratio, so buyers that qualify in the mid 100s can still qualify for this property. There's no better opportunity out here. Come build generational wealth with this unmatched luxury multifamily building!!!
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Listing Snapshot
Price
$550,000
Days On Site
12 Days
Bedrooms
7
Inside Area (SqFt)
4,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1920
MLS® Number
MDBA2167286
Status
Pending
Property Tax
$244
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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