About 643 Morgan Avenue
If you're looking for an investment that you can both live in and make money then 643 Morgan Avenue is for you. It offers the purchaser an excellent income potential in a low maintenance modern building. If you're considering buying a Condo that is about $2M, why not consider this 3 Family that potentially make you money without the wait of board approval or requirements.
This 3 family property is perfect for a primary residence with two income producing units or as an investment property. Currently, all three units are being used as free market rentals.
Built in 2005 - All units has been renovated with lots of upgrades. All units have an outdoor area. Building has coin operating washer and dryer machine for extra income. Tenants pay all their own utilities. Landlord pays for RE taxes, insurance, water/sewer and common utilities for laundry/hallway/areas, etc.
Income:
$3350 per month / $40,200 annual - 1st Floor duplex with basement - 3 Bedrooms and 2 Bathrooms with a back yard.
$3100 per month / $37,200 annual - 2nd Floor - 3 Bedrooms and 2 Bathrooms with back outdoor balcony.
$4000 per month/ $48,000 annual - 3rd Floor duplex with 4th floor - 4 Bedrooms and 2 Bathrooms with a huge outdoor terrace.
$100 per month / $1,200 annual - Garage (potential garage rent is $400 to $450 per month)
Total Annual Income: $126,600
Located in Greenpoint Brooklyn NY in close proximity to McGolrick Park, small shops, restaurants, transportation, etc... Please note that all showings are by appointments only because all units are currently tenants occupied. For more information, please contact DiTommaso Realty for more information and showing appointment. Thank you!
