Seize this PRIME investment opportunity with a well-maintained legal3-family house, with three detached garages on a 40X100 lot in zone R3-1, in thedesirable Arrochar neighborhood of Staten Island. Tenants are operatingbelow-market rents with room to improve and increase the current CAP.Perfect for a 1031 exchange or enhancing your investment portfolio, thisproperty is strategically located near schools, shopping centers, andtransportation, just minutes from the Verrazano Bridge. Tenants willappreciate the convenience, ensuring high demand. This fully rentedproperty boasts reliable long-term tenants, comprising one one-bedroom andtwo two-bedroom units, each with full bathrooms. Modern amenities includethree separate heating systems, three NEW water heaters, three gas, andfour electric meters, enhancing tenant satisfaction and operationalefficiency. With a solid rental income of almost $7,000/month and very lowmonthly expenses. Real Estate Tax below $5,000. This investment promisesattractive returns and substantial upside potential, as current leases aresignificantly below market value. Act now to capitalize on thisexceptional offering! P&L is available upon request. Please note that theCertificate of Occupancy, dated 2008, reflects a legal three-familydwelling with three detached garages. The building has no violations and is properlyregistered. Showings are by private appointments only. Please do notdisturb tenants.
Assessed Value is a combination of the land and additions.
2024
$5,030
(+5.99%)
$25,046
Land 8,192 +
Additions 16,854
2023
$4,746
(-1.1%)
$23,630
Land 7,030 +
Additions 16,600
2022
$4,799
(-2.76%)
$45,240
Land 13,620 +
Additions 31,620
2021
$4,935
(+5.39%)
$41,220
Land 13,620 +
Additions 27,600
2020
$4,683
(-13.85%)
$39,000
Land 13,620 +
Additions 25,380
2019
$5,435
(+35.4%)
$39,000
Land 13,620 +
Additions 25,380
2017
$4,014
$19,692
Land 7,388 +
Additions 12,304
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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