16-18 Butler Terrace new Save Request In-Person Tour Request Virtual Tour
Staten Island,NY 10301
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 863445
Bedrooms 10
Full Baths 6
Year Built 1901
Annual Tax Amount $10,325
Property Sub-Type Quadruplex
Property Description
Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue. Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 149,000+ with a Net Operating Income (NOI) exceeding 120,000 annually, this property promises strong cash flow and a solid return on investment.
Location
State NY
County Richmond (staten Island)
Interior
Heating Other
Cooling Wall/Window Unit(s)
Exterior
Utilities Available None
Building
Sewer Public Sewer
Water Other
Structure Type Stucco
Others
Special Listing Condition None