Description

Both units are tenant occupied. The property will not be delivered fully vacant. One of the units could possibly be delivered vacant as the lease is expiring June 2024. Welcome to 444 Fountain Ave, a two-family townhouse in the heart of Brooklyn, NY. This beautifully renovated property boasts 5 bedrooms and 2 bathrooms across 1,744 square feet of living space. Conveniently located in a desirable neighborhood, this low-rise attached townhouse offers a fantastic opportunity for homeowners and investors alike. This investment opportunity is perfect for an investor considering a cash-flowing property in a growing neighborhood of Brooklyn or an end-user looking to make their first investment. The stabilized cap rate at 7% ensures a steady and secure return on investment.  Please conduct due diligence before scheduling and offers. Please contact me for information about mortgage lender credits that the property qualifies for. Listing courtesy of Compass