Native Real Estate is pleased to exclusively present 251 Powers Street For Sale in Williamsburg. This 7 Unit multifamily property is a mint condition, CASH FLOWING INVESTMENT PROPERTY situated in one of the fastest growing neighborhoods in Brooklyn. New development and retail has been pouring into the area at a rapid pace.
This frame and steel property is in just renovated condition from the foundation up. 251 Powers is situated on a massive 25 ft x 117 ft lot. Improvements include a three (3) story, 5000 sqft main house plus a two (2) story rear carriage house. There are six (6) units in the front house and one (1) in the rear house. 100% of the apartments are free market rents; property is fully leased-up and will be delivered fully occupied.
* SETUP AVAILABLE UPON REQUEST.
Here is your opportunity to purchase a multifamily asset demanding top rents. The apartment mix includes four (4) loft style 1 bedrooms, two (2) 1.5 bedroom/1.5 bathroom duplexes and one (1) 4 bedroom/2 bathroom. The units are highly desirable with large open floor plans, tall ceilings, excellent sun light plus central heat and air conditioning. Laundry is in basement. All utilities are separately metered keeping owner'a operating expenses low.
The property is 1 block from the L train at Grand St and 10 minutes from the G train at Metropolitan Ave/Lorimer St.
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