16-18 Butler Terrace Active Save Request In-Person Tour Request Virtual Tour
Staten Island,NY 10301
Key Details
Property Type Other Types
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
Lot Dimensions 50 x 154
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)
Rooms
Basement Full
Interior
Interior Features Eat-in Kitchen
Heating Hot Water,Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Spaces 4.0
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Total Parking Spaces 4
Garage false
Building
Sewer Public Sewer
Water Other
Structure Type Stucco
Others
Senior Community No
Special Listing Condition None