Hempstead Portfolio

$2,599,999

Portfolio Units

Title Property Type Price Building Size Lot Size Block / Lot Residential Units Commercial Units

178 South Franklin Street

2400 SF 5

12 Maple Avenue

2700 SF 4

50 Laurel Avenue

5900 SF 6

Description

  • All 15 Apartments in portfolio are Free Market
  • 9% Cap Rate
  • Additional Income potential from legal vacant basements, garage and parking spaces
  • Featured Renovations include new boilers, water heaters, electric, roofs, kitchens, bathrooms and plumbing.
  • All 3 buildings are located within the same 1 block radius

Property Documents

Detail

  • Price: $2,599,999
  • Lot Size: 11000
  • Property Type: Residential
  • Property Tax Amount: 72121.80
  • Residential Units: 15
  • Annual Income: 336348
  • Total Expenses: 97621.80
  • NOI: 238726.20
  • Cap Rate: 9

Address

  • City: Nassau
  • State/County: New York
  • Neighborhood: Hempstead
  • Country: United States

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All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.