2294 Atlantic Avenue
Property Description
Welcome to 2294 Atlantic Avenue, Turnkey 3-family investment opportunity featuring three spacious units, each offering 2 bedrooms and 1 bathroom, with an amazing CAP rate of 8.6%. This well-maintained property is ideal for both seasoned investors and those looking to start building a strong real estate portfolio. Each unit provides a comfortable layout with generous living space, making them highly desirable for long-term tenants. The property boasts a strong rent roll with consistent income potential, supported by reliable occupancy and market-aligned rental rates. With minimal operating expenses, this asset is designed for efficiency and ease of management. Tenants are responsible for most utilities, helping to keep owner costs low and maximize net returns. The building has been properly cared for, reducing the need for immediate capital improvements. Whether you're looking for steady cash flow or long-term appreciation, this income-producing property checks all the boxes with its solid financial performance and low-maintenance profile.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,100,000 |
| No. of Units: | 3 |
| Lot Size: | 765.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $366,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 3 |
ID: 3yd-BMLSNY-505098
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