705 Schenck Avenue

    Brooklyn, NY 11207
    • $859,000
    • STATUS: Active
    • ON SITE: 65 days
    • MLS #: H6027293
    UPDATED: 117 min ago
    $859,000
    • 6
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 1,785
      SQFT
    • $481
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    We can arrange direct showings for serious buyers. Walkthrough video: https://youtu.be/TEo2oxkfw9wTurnkey investment with an above average 7% cap rate, or make this your home and earn rental income.Move-in ready, two-family home. 3 bed/2 bath over a 3 bed/3 bath duplex, totaling 1785 usable SF. This is a 17' x 35' freestanding house on a 20' x 100' lot with 1,380 SF unused FAR. The home was fully gutted in 2017 including new plumbing, heating, roofing, and electrical. Both units feature modern kitchens and bathrooms, large closets, bamboo hardwood flooring,and recessed lighting. The finished basement has two private entrances and full bath. When you want to grill or garden, enjoy another 800 SF of outdoor space; have your choice of the garden patio, fenced backyard or balcony with French doors.With these low taxes, record-low mortgage rates, and a high demand of rentals, this is a low-risk & high-return purchase. Investors: enjoy $64,000 in immediate rental income for a 7% cap rate. Owner-occupants: move right in to your apartment of choice and offset your mortgage with rental income.Unit 2 is vacant and move-in ready. Unit 1 lease ends July 2020.East New York is a thriving market, and this property is conveniently situated in the middle of its best. Reach Manhattan in 30 minutes, after just 5 minutes to the3 subway or further to the L. For a nature-loving day, drive 10 minutes to the new 407-acre Shirley Chisholm State Park or any of the other parks and piers. On the way, stop at the Gateway Center mega-plaza for shopping & restaurant (calling Target lovers!). Or there are grocery stores, schools and parks around the block. Need a vacation? JFK Airport is 15 minutes away. This area is appreciating quickly.Contact agent today for private & virtual tours, and more information.

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    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Marciano Team at Keller Williams NY Realty. Data last updated: 2020-06-01T00:15:52.117.
    www.marcianoteam.com/homes/104559047

    705 Schenck Avenue Brooklyn, NY 11207

    • Price: $859,000
    • Status: Active
    • Updated: 117 min ago
    • MLS #: H6027293
    6
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,785
    SQFT
    $481
    $/SQFT
    Neighborhood:
    Brooklyn
    County:
    Brooklyn
    Area:
    Brooklyn
    School District:
    Call Listing Agent
    Property Description
    We can arrange direct showings for serious buyers. Walkthrough video: https://youtu.be/TEo2oxkfw9wTurnkey investment with an above average 7% cap rate, or make this your home and earn rental income.Move-in ready, two-family home. 3 bed/2 bath over a 3 bed/3 bath duplex, totaling 1785 usable SF. This is a 17' x 35' freestanding house on a 20' x 100' lot with 1,380 SF unused FAR. The home was fully gutted in 2017 including new plumbing, heating, roofing, and electrical. Both units feature modern kitchens and bathrooms, large closets, bamboo hardwood flooring,and recessed lighting. The finished basement has two private entrances and full bath. When you want to grill or garden, enjoy another 800 SF of outdoor space; have your choice of the garden patio, fenced backyard or balcony with French doors.With these low taxes, record-low mortgage rates, and a high demand of rentals, this is a low-risk & high-return purchase. Investors: enjoy $64,000 in immediate rental income for a 7% cap rate. Owner-occupants: move right in to your apartment of choice and offset your mortgage with rental income.Unit 2 is vacant and move-in ready. Unit 1 lease ends July 2020.East New York is a thriving market, and this property is conveniently situated in the middle of its best. Reach Manhattan in 30 minutes, after just 5 minutes to the3 subway or further to the L. For a nature-loving day, drive 10 minutes to the new 407-acre Shirley Chisholm State Park or any of the other parks and piers. On the way, stop at the Gateway Center mega-plaza for shopping & restaurant (calling Target lovers!). Or there are grocery stores, schools and parks around the block. Need a vacation? JFK Airport is 15 minutes away. This area is appreciating quickly.Contact agent today for private & virtual tours, and more information.
    Exterior Features

    Architectural Style Duplex Attached Garage YN No Exterior Features Balcony Garage YN No Horse YN No Lot Features Garden Open Parking YN No Parking Features Other

    Interior Features

    Appliances Stainless Steel Appliance(S) Attic Description See Remarks Basement See Remarks Cooling None Cooling YN No Fireplace YN No Flooring Hardwood Heating OtherSee Remarks Interior Features Eat-In KitchenGranite CountersMulti LevelWalk-In Closet(S) Rooms Total 14

    Property Features

    Community Features Outdoor Space Lease Considered YN No New Construction YN No Pool Private YN No Property Attached YN No Property Sub Type Single Family Residence Senior Community YN No Tax Annual Amount 1464.00 Water Source See Remarks

    Listing courtesy of Ilan Bracha of Keller Williams Nyc.
    © 2020 OneKey MLS. All rights reserved.


    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Marciano Team at Keller Williams NY Realty. Data last updated: 2020-06-01T00:15:52.117.
     
    Marciano Team at Keller Williams NY Realty
    120 Bloomingdale Road Suite 101
    White Plains NY, 10605