Staten Island, NY 10301,16-18 Butler Terrace
Staten Island, NY 10301,16-18 Butler Terrace
Staten Island, NY 10301,16-18 Butler Terrace
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$1,699,000
Est. payment /mo
10 Beds
6 Baths
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 863445

Bedrooms 10

Full Baths 6

Rental Info No

Year Built 1901

Annual Tax Amount $10,325

Property Sub-Type Quadruplex

Source onekey2

Property Description

Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue. Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 149,000+ with a Net Operating Income (NOI) exceeding 120,000 annually, this property promises strong cash flow and a solid return on investment.

Location

State NY

County Richmond (staten Island)

Interior

Interior Features Eat-in Kitchen

Heating Other

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available None

Garage false

Building

Sewer Public Sewer

Water Other

Structure Type Stucco

Others

Senior Community No

Special Listing Condition None


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Listed by American Homes Group
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The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

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16-18 Butler Terrace