797 Vermont Street

Description

Introducing 797 Vermont Street, nestled in the heart of East New York, Brooklyn's fast- growing neighborhood. This picturesque tree-lined street sets the stage for an exquisite living experience within a captivating decorative brick building on 28x100 lot Perfectly tailored for investors or families in pursuit of both value and prime location, this meticulously renovated four-unit gem stands as a beacon of opportunity. The renovated four-unit, semi-detached property is fully occupied and is ideal for investors and end-users who want a home and an income opportunity. The building welcomes you with a large and impressive foyer and boasts 4 thoughtfully designed apartments, three with 3 bedrooms and one with 4 bedrooms, each with an inviting eat-in kitchen, a well-appointed full bath and a comfortable living room. The convenience of individual water heaters for each unit ensures personalized comfort for all residents. Stunning wood floors provide warmth and beauty throughout. Unlock the potential of this property, which is zoned R6 and offers an additional 3,500 square feet of buildable space through air rights. Several new buildings, the Gateway Mall, new shopping opportunities, trains and buses are nearby that help make this an outstanding opportunity for investors to earn more than 6.5 % cap rate for a high income producing property with low expenses and tenants pay all utilities.