487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and… Read More strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs. The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 6% cap rate. The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light. Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset. Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location. Read Less
Listing Courtesy of: Jacob Henderson, Corcoran Group
Listing Snapshot
Days Online
28
Last Updated
Property Type
MultiFamily
Beds
6
Full Baths
3
Square Ft.
1,680
Lot Size
0.03 Acres
Year Built
1901
MLS Number
RLS20081165
30 Days Snapshot Of 11221
$1.25M
-21%
(avg) sold price
10
-23%
homes sold
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 12, Structure Type: Townhouse
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