Welcome to 310-312 Hillside Ave, a fully renovated, 4-Family investment property with strong cash flow and upside potential. This building was completely rebuilt down to the studs just 6 years ago. Featuring modern kitchens and bathrooms, updated mechanicals, a new roof, siding, floors, electrical, plumbing, and much more. The layout includes two 3-bedroom units, two 2-bedroom units, plus two basement apartments (one occupied by the superintendent). The current rent roll generates approximately 129,936 annually with a Net Operating Income of 111,036. At the asking price of 1,300,000, this equates to a cap rate of 8.55. Conveniently located close to parks, schools, shopping, and restaurants.
Listing courtesy of HOMES R US REALTY OF NY, INC.. Contact:
Selling Office: .