Courtesy of: Yujie Zhang, Ilite Realty Inc, yukierealestate@gmail.com
Courtesy of: Yujie Zhang, Ilite Realty Inc, yukierealestate@gmail.com
$2,500,000
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13 bed
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9.00 Bath (8 Full , 2 Half)
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Lot: 0.07 Acres
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Other
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$2,500,000
1392 E 18th Street A rare fully vacant 6-family in the heart of Midwood - set your rents at market rate from day one. Built in 2007 on a 30x100 lot, this well-maintained brick building offers a diversified unit mix of four 1-bed/1-bath apartments and two oversized 4-bed/2.5-bath duplexes, with hardwood floors throughout, full kitchens, on-site laundry, and three private rear parking spots. Projected gross income of $211, 200/year (~8.4% gross yield) with no inherited leases, no holdovers, and no below-market rents to work through. Modern 2007 construction means lower capital expenditure and cleaner books from the start. Ideal for 1031 exchange buyers, multifamily investors, or an owner-occupant ready to live in one of the large duplexes while collecting income from five units. We have all floor plans. reach out to request.
Courtesy of: Yujie Zhang, Ilite Realty Inc, yukierealestate@gmail.com
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