MASSIVE 4 Family Home – VACANT & Ready For New Owners! – 1241 East 18th Street
The BEHFAR Team Presents 1241 East 18th Street in the HEART of Midwood Brooklyn
Introducing a fantastic investment opportunity: a 4-family home that offers immense potential with some renovation and improvements. With a 30×100 lot size and 22×78 build, you can leave it as is or create your 1 Family Dream Home. This property comprises four separate apartments, making it ideal for generating rental income. While it requires some work, this property is an excellent chance to add value and maximize returns.
The first floor of this multi-family home features two 2-bedroom, 1-bathroom apartments. These apartments offer comfortable living spaces, allowing tenants to enjoy privacy and functionality. With two units on the first floor, you have the opportunity to cater to multiple renters, increasing your potential rental income.
Moving to the second floor, you’ll find a 2-bedroom, 1-bathroom apartment along with another 2-bedroom, 1-bathroom apartment.
The basement of this house is not finished but has tons of potential as it is the full length of the home.
Each apartment within this 4-family home has the potential to become an attractive living space for tenants. With some renovation and improvements, you can revitalize the units and create modern, comfortable homes that will appeal to a wide range of renters.
- Area Midwood
- Type Multi Family
- Lot Size 30 x 100
- Build Size 22 x 78
- Total BR's 8
- Total BA's 4
- Zoning R7A
- Taxes $14,350
- Price $1,850,000