Legal 4 Family With Legal 3 Bedroom Basement For Additional Income! Discover An Incredible Investment Opportunity With This Well-maintained Five-family Property In The Heart Of East Flatbush, Brooklyn. Perfectly Suited For Investors Looking To Generate Substantial Rental Income, This Property Offers A Blend Of Modern Amenities And Classic Charm In A Prime Location. Property Features: Four Family Units: This Property Features Four Spacious And Independent Family Units, Each With Its Own Entrance, Ensuring Privacy And Convenience For Tenants. Legal Basement Unit: An Additional Legally Finished Basement Unit Adds A Fifth Income-generating Residence, Maximizing Rental Potential. Outdoor Space: A Private Backyard Provides A Perfect Space For Outdoor Activities Or Relaxation. Recent Upgrades: New Roof: A Recently Installed Roof Ensures Long-term Durability And Reduced Maintenance Costs. New Boiler: A Brand-new Boiler Enhances Energy Efficiency And Ensures Comfortable Living Conditions For Tenants. Prime Location: Convenient Access: Located On A Quiet, Tree-lined Street, Yet Close To Major Transportation Routes, Shopping, Dining, And Entertainment Options. Community Amenities: Proximity To Local Schools, Parks, And Community Centers Adds To The Appeal For Families And Tenants. Investment Highlights: Income Potential: With Five Fully Separate Units, This Property Is Ideal For Investors Seeking Robust Rental Income. Free Market Rentals: As A Free Market Property, The Owner Has Full Control Over Setting Rental Rates, Allowing For Flexible And Competitive Pricing High Demand Area: East Flatbush Is A Sought-after Neighborhood With A Strong Rental Market, Ensuring High Occupancy Rates And Rental Demand. Property Details: Taxes $9457 ? Multi-family Property ? Two-story Walk-up ? 5 Units ? Lot Size: 30 ? 100ft ? Brand New Boiler And Plumbing Throughout Building Current Rent Roll: ? Apt 1f: $2, 040 ? Apt 1r: $2, 417 ? Apt 2f: $3, 385 ? Apt 2r: $2, 387 ? Basement: $2, 696 ? Total Income: $12, 985 ? Yearly Gross Income: $155, 820 Expenses: ? Approximately $25, 000 Cap Rate: ? $165, 000 (total Income) - $25, 000 (expenses) = $140, 000 Potential Net Income, Additional Information: Appearance:fair