Description
Investor, 1031 Exchange or Owner Occupant with Income -
1306 8th Avenue is a gem.
A three-family building located among a row of classic Park Slope brick townhouses.
Newly offered for sale with 3 well maintained - floor through apartments - one is a duplex with outdoor space. The building has an appealing and ongoing rent roll. With its proximity to Prospect Park, there will never be a shortage of rental interest. Future Park Slope residents will continue to be attracted to the strong community advocacy dedicated to expanding the historic district, supporting small businesses and the continuation of community building activities.
Although turn-key, there is still room for adding value to the building.
All three apartments have original hardwood floors, tin ceilings and plenty of sunlight. They have undergone 2018 kitchen upgrades with stainless steel appliances including dishwashers, updated bathrooms, and in-unit washer/dryers.
The Garden level is a 2 bedroom, 1.5 bath duplex apartment and retains classic and original details. The low expenses and strong rent roll positions 1306 8th Avenue as an ideal opportunity for a 1031 Exchange buyer or investor looking in this coveted section of Park Slope,
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Property Details
- Multi Family
Amenities
- Clubhouse
- Pets: Building Yes, Cats O K, Dogs O K
- Smoke Free
- View: Other
The Neighborhood
Park Slope, with its tree-lined streets and immaculate brownstones, has a small-town feel and social cohesion that’s unusual in the city.
It’s a place where activities for children are unending, shopkeepers know their customers and people stop in the street to chat. Even as the park-side homes are buffed to a high polish, the area still offers a variety of experience: There are scores of restaurants and bars; a diverse retail sector; multiple Farmer’s Markets, including Grand Army Plaza’s; and Prospect Park with its fantastic bandshell, baseball fields, zoo, botanic ... read more
