26-28 Short Street
Property Description
CAP RATE: 16.2% | GROSS INCOME: $37,860.00 | HIGH RENTS - IMMEDIATE CASH FLOW Gross Annual Income: $37,860, Monthly Gross Income: $3,155. Taxes total: $3113.00, LOT SIZE: 40' x 109'=4360sf, Apartment sf total: 2496sf, bsmt: 1202sf. A fully renovated side-by-side two-family property on a quiet corner lot, offering strong rents and immediate cash flow with no work needed. PROPERTY FEATURES 3 bedrooms per unit (Unit 1: 2 baths / Unit 2: 1 bath) Current rents: $1,555 + $1,600/month Corner lot with extra distance from neighboring homes Easy, hassle-free street parking Separate washer/dryer hookups for each unit Month-to-month leases Clean, dry basement with generous layout, security cameras. RECENT RENOVATIONS New kitchens with new cabinetry Fresh paint and new flooring throughout Modern bathroom updates Newly sectioned shingle roof work Brand-new 2026 gutters Furnace and boiler systems (~5 years) The combination of strong existing rents, a fully renovated interior, quiet corner-lot setting, and low-maintenance mechanicals makes this a turnkey investment with minimal near-term capital needs. Turnkey investment - strong cash flow from day one with no major renovation work needed. Contact listing broker for additional details and showing instructions. Note: Can be sold individually or as part of a multi-unit package (inquire within)
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $199,500 |
| Year Built: | 1915 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-NYSMLS-11999437
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