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$ 1,910,000
Est. payment /mo
Active
1045 Rutland RD Brooklyn, NY 11212
3,932 SqFt
UPDATED:
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,932 sqft
Price per Sqft $485
MLS Listing ID 492521
Year Built 1931
Annual Tax Amount $7,386
Property Sub-Type Mixed Use
Property Description
Don't miss this rare opportunity to own a solid income-producing, mixed-use building in one of the busiest commercial corridors of Rutland Road. Featuring a fully leased laundromat with 3 years remaining on a rent-escalating lease, there will be a 2% increase annually for the store rent. The owner of this property pays $5,140 for the annual tax and the store owner pays the rest. Plus two spacious 4-bedroom apartments, this property offers both immediate cash flow and long-term growth potential. With a full basement for added storage, minimal owner expenses, and proximity to major transit lines and top-rated schools, this is the perfect asset to invest, live in, or expand your real estate portfolio.
Location
State NY
County Kings (brooklyn)
Area East Flatbush
Zoning R6
Rooms
Basement Full, Other
Interior
Interior Features Other
Hot Water Electric
Heating Gas
Flooring Tile, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
Listed by Tiger Realty