Renovated 2 family 3 story on Van Buren St in Bushwick close to Subway

Located on Van Buren Street off Bushwick Avenue, a very nice and quiet block within a short walk to the J & M subway lines. There are some nice restaurants & bars in the area, includes The Buren place which recently opened at the corner of the block. This house is a legal 2 family 3 story building with an additional cellar and a nice backyard. The layout includes a 4 bedroom/3 bathroom owner's duplex apartment on top of a garden rental apartment with a big kitchen too, both with access to the backyard (the duplex has a big deck with stairs to the yard). There is also an additional finished cellar with half a bath, currently used as a duplex with the garden unit but can have a separate entrance. The house was fully renovated about 5 years ago and is in very good shape, and has a modern sprinkler system. Each apartment has its own separate gas heat & hot water, laundry, and gas & electric meters. It is currently rented for $6,800 a month to an organization that does all the maintenance and pays the electric, gas, and even the water/sewer bills. The lease should be expired by the end of March 2020, and very likely that it can be extended for additional 5 years. It makes this house a solid investment for people who prefer a quiet peace of mind and do no maintenance at all themselves.
Lot size: 17.5/100
Building size: 17.5/40 + 15' extension on first floor
Legal 2 family 3 story
Asking: $1,545,000

 

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