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Listing Courtesy of Compass
$ 2,199,995
Est. payment /mo
Pending
2701 Glenwood Road Brooklyn, NY 11210
15 Beds
8 Baths
3,156 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,156 sqft
Price per Sqft $697
Subdivision Flatbush
MLS Listing ID RLS20009170
Bedrooms 15
Full Baths 8
HOA Y/N Yes
Year Built 1925
Annual Tax Amount $10,980
Property Sub-Type Duplex
Property Description
Turnkey Investment Opportunity in prime Flatbush/Midwood area.
Located at 2701 Glenwood Road, this fully renovated, income-generating property presents a rare opportunity to invest in a turnkey co-living space located at one of the most vibrant and high-demand neighborhoods.
This four-story, double duplex is fully leased out, offering attractive financial incentives with super low monthlies, taxes & seller financing at 4.125%. This property is cashflow positive, generating a minimum 10%/ROI, with additional room for 20% growth in rent roll, making this an attractive Cash on Cash investment and a smart addition to any real estate portfolio.
The property went through a comprehensive renovation, with premium features such as all-new plumbing, electrical systems, windows, kitchens, bathrooms, flooring, stairs, and siding, ensuring long-term value and minimal maintenance. With 15 bedrooms and 8 bathrooms, offering modern amenities, including two outdoor spaces and a two-car garage generating an additional 6K annually. Fully compliant with filed plans.
Situated in prime location on the border of Flatbush and Midwood, this property offers exceptional accessibility & proximity to Brooklyn College & The Junction. This thriving retail and transportation hub, is just steps away, providing tenants access to major subway lines, including the 2, 5, and Q trains, as well as multiple bus routes.
Detailed financials and setup are available upon request.
Located at 2701 Glenwood Road, this fully renovated, income-generating property presents a rare opportunity to invest in a turnkey co-living space located at one of the most vibrant and high-demand neighborhoods.
This four-story, double duplex is fully leased out, offering attractive financial incentives with super low monthlies, taxes & seller financing at 4.125%. This property is cashflow positive, generating a minimum 10%/ROI, with additional room for 20% growth in rent roll, making this an attractive Cash on Cash investment and a smart addition to any real estate portfolio.
The property went through a comprehensive renovation, with premium features such as all-new plumbing, electrical systems, windows, kitchens, bathrooms, flooring, stairs, and siding, ensuring long-term value and minimal maintenance. With 15 bedrooms and 8 bathrooms, offering modern amenities, including two outdoor spaces and a two-car garage generating an additional 6K annually. Fully compliant with filed plans.
Situated in prime location on the border of Flatbush and Midwood, this property offers exceptional accessibility & proximity to Brooklyn College & The Junction. This thriving retail and transportation hub, is just steps away, providing tenants access to major subway lines, including the 2, 5, and Q trains, as well as multiple bus routes.
Detailed financials and setup are available upon request.
Location
State NY
County Kings
Interior
Interior Features Crown Molding, High Ceilings, Sound System
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Laundry Common On Floor, See Remarks
Exterior
View Y/N No
Porch Rooftop
Private Pool No
Building
Dwelling Type Duplex,Townhouse
New Construction No
Others
Ownership None
Monthly Total Fees $915
Pets Allowed Building No, No
RLS Data display by Renee Lee