820 East 227th Street
$945,000, 9 Beds 5 Baths 3,006 Sqft .06 Acres
About This Property
Introducing a mint and audaciously designed, gutt renovated, humongous full brick 3 family house, fully executed for a savvy investor who takes pride in numbers that make sense! Located only 1 block from #2 and #5 trains, Manhattan express buses, Westchester Bee-line buses and other major city buses, only 15-20 minutes from downtown Manhattan, this huge 9 solid bedroom house with 5 bathrooms, 3 separate boilers, paved backyard with 2 car driveway is just what you need to complete your portfolio of investments for this year. Breakdown: 1st floor provides 3 full bedroom apartment, 1 bath with articulately designed modern kitchen. 2nd floor provides 3 bedrooms, 2 full gorgeous bathrooms also with detached dining room with closets galore. 3rd floor boasts of full aesthetics in designs with 3 full bedrooms, 2 baths, contemporary kitchenette with breakfast nook and granite counter-top with a huge deck that is accessed only through the master bedroom which provides a beautiful view of the neighborhood. Projected total gross income is $86,600 per annum, property tax at $5,736, NOI at $79,964, total expenses at $6,636 per annum, Cap rate is projected at 8.5%. Come purchase a luxury with huge returns. Remember, your money makes sense!
Close to Bus, Close to Park, Close to Railroad, Close to School, Close to Shops, Eat in Kitchen, Foyer, Hardwood Floors As Seen, Sky Light, Balcony, Fenced, 1st Floor Bedrm, 1st Fl Master Bedroom, Granite Countertops, Master Bath, Storage, View, Walk In Closet
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Listing information last updated on October 17th, 2019 at 7:28am CDT.