Loring Estates Townhouses in Brooklyn. Beautiful Quiet Area. Great Investment. (76 Brick Townhouse Community built in 2007) *** Cap rate 9% *** $595,000 Investor financing at bank rates available with 90% LTV. All buildings have 3 apartments plus 1 car garage & back yard. Rent roll as follows; * 1st Floor: 1 Bed / 1 Bath = $1100 Note: Basement has an additional 1,000sf w/ high ceilings. Also includes Bed/Bath, recreation area, and private yard. (possible duplex conversion with 1 bedroom unit for an extra $800 in rent roll) * 2nd Floor: 3 Bed / 2 bath w/ terrace = $1650 * 3rd Floor: 3 Bed / 2 bath w/ terrace = $1650 * Garage: 1 car with 1 car driveway = $150 * Gross rent roll monthly= $5,350/yearly= $64,200 * Tenants pay their own utilities: gas/heat & hot water, electric/central air. CONTACT: *** Mr. Ralph Porretti @ 1-917-459-1021***
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