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111k net cashflowing investment - $2,180,000
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🔥 High-income turnkey investment with major upside 🔥
• 15 tenants total across 7 rooms + 8 rooms
• Each currently pays ~$1,000/month = strong cash flow
• Upside: If tenants are given leases, they’ll pay +$100/month each (adds ~$18,000/year)
• Bonus income potential: 2-car garage not rented → more revenue available
• Low expenses (taxes + insurance kept down due to setup)
Creative Financing Options Available:
• Current mortgage with a low interest rate, locked in for 4 more years – buyer can keep it and benefit from low payments
• With a $350K down payment, seller can also provide a $150K 2-year loan to help close the deal
• Buyer can also purchase all cash, with their own mortgage, or through hard money financing
Highlights:
• Fully renovated – everything inside is brand new
• Turnkey investment with high income & low expenses
• Significant upside from garage rental + higher rents with leases
📍 Brooklyn, NY
💰 Asking Price: $2,180,000