Multi Family, 2701 Glenwood Road #, Flatbush - Real Estate New York

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. Listing courtesy of Compass ...
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