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Property description
Nestled in the vibrant heart of Bushwick, Brooklyn, 64 De Sales Place is a sterling investment opportunity that combines modern living with lucrative earning potential. This elegant 2-family townhouse, built in 1905, has been beautifully updated to offer stylish, sun-drenched living spaces and a private backyard oasis, a rare luxury in the city. Each of the two units features its own entrance, enhancing privacy and flexibility.brbrSpanning two units and basement storage with an average rent of $3, 150 per unit, this property showcases a solid financial profile with a potential gross income of over $7, 300 monthly, factoring in a 10% vacancy rate. The rents are attractive, with Unit 1 at $3, 300, Unit 2 has a current tenant in place until September at $2, 999, and additional income from basement storage at $1, 000 monthly.brbrOffered at a purchase price of $1, 595, 000 with an entry cap rate of 4.65%, 64 De Sales Place stands as a compelling investment in a Qualified Opportunity Zone, promising both a comfortable living environment and excellent financial growth potential. With strong rental demand in Bushwick, this property not only serves as a beautiful home but also a smart investment in one of Brooklyn's most dynamic neighborhoods. Don't miss out on this remarkable opportunity-schedule your tour today to see why this is such an exceptional deal!
For more details:
Listed by: Sarah Cotty
For more details:
Listed by: Sarah Cotty