4 Bed 3 Bath Multi-family For Pre-foreclosure $3,175,605 3,600 sqft ($882 per sqft)
Broker: Guidance Counselor at Fave Realty Fave Realty Inc
This is a great opportunity an investment in the electrifying up and coming area of prime Williamsburg. A Stunning & Historically
...read moreThis is a great opportunity an investment in the electrifying up and coming area of prime Williamsburg. A Stunning & Historically Significant Mixed use Property that is an absolute Homeowner's or Investor's Dream!!! The property consist of a private apartment for the owner or tenant and commercial space on the ground floor. The residential duplex is approximately 2,100 sq. ft. on the second and third floors. Apartment features large private deck with breath taking views of the city and it overlooks the gorgeous and green, brick walled garden below. The kitchen features custom shaker cabinetry and is equipped with period appropriate appliances including a 1931 Glenwood 6 burner range and extra wide apron sink with Chicago faucet. Modern conveniences include a dishwasher, stainless steel refrigerator and vented hood. Interior details: Wide plank pine flooring, plaster walls, original trim, moldings & doors, 2 decorative fireplaces, bead board & plank wainscot, mosaic tile, high ceilings and skylights & north/south exposure. Bathrooms have freestanding beautiful claw tubs, mosaic tile, pedestal sinks & windows creating a peaceful environment. Four tranquil bedrooms, living & dining rooms plus an office make this residence one of the best homes in comfort, charm and calm. Apprx. 1350 sq. ft. retail space, which formerly housed Moon River Chattel, is now the Williamsburg Therapy Group and includes use of the large green garden and an additional 1300 sq. ft. of the finished basement. The space recently underwent a thorough renovation and features many original details including 10' 13' ceilings, exposed brick and pine flooring. Located on Grand Street just a block from beautiful Domino Park. Given the recent developments in the area, it makes Real Estate Taxes are $2,665/year. NET CAP is .5% Unused FAR: 1,000 available for further in income potential. Call or e-mail with questions or for a private viewing.
