All Cash Buyer Group

Everyone Any buyers in Ironwood, Michigan? Up near Lake Superior. Shoot me a DM

For Sale - East Harlem NY - 4 Family Units

Asking Price : $2.4 Million

Property Characteristics:
Qualified Opportunity Zone
Lot Area: 1892 sqft.
Number of Buildings: 1
Building Area: 4,500 sq. ft.
Number of floors: 3
Total Units: 4
Residential Units: 4
Primary zoning: R7A
Commercial Overlay: None
Floor Area Ratio: 2.68

FAR
Max Allowable Residential FAR: 4
Max Allowable Commercial FAR: 0
Max Allowable Facility FAR: 4
FAR as built: 2.38
Buildable: 7,568 sq. ft.
Unused: 3,065 sq. ft.

Current Taxes: $2,836

For Sale - Brooklyn - 4 Family Units

Asking Price: $2.875 Million

Lot Area: 1,993 sq. ft.
Number of Buildings: 1
Year built: 1899
Number of floors: 3
Building Area: 3,289 sq. ft.
Total Units: 4
Residential Units: 4
Approx. Monthly Rent: $11,000
Primary zoning: C4-3

Investment Highlights
It is a four family in good shape but could use some cosmetic work. The apartments rent for about $2500 each except the 1st floor that would rent for $3500. It has tenants but can be vacant at closing. Estimated repairs are as follows: windows, outside stairs, the aluminum siding could use painting and 2 bathrooms and 4 kitchens.

(*Note - Buyer pays 3% Real Estate Fee)