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| 2646 Bath Ave ~ Gravesend |
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| Proximity: Park, Train, Buses, Shopping, Restaurants | |||||||||||||||||||||||||
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| Description: | |||||||||||||||||||||||||
**No Brokers - Principals Only Please!**KEY FEATURES Built in 1920, this beautifully maintained and upgraded 4 bedroom, 4 bath, 2 story, 3 family brick house boasts 2,126 sq. ft. and is 19.33 ft. wide and an expansive 53 ft. deep, plus a full basement bringing just under 3,000 sq ft of living space. The first floor presents a beautiful, sun-drenched, sprawling 2 bedroom, 2 bath owner's duplex with wood floors throughout, a spacious living room, and a large chef's delight of an eat-in kitchen with cabinets galore, stainless steel appliances, a granite countertop island and sliding glass doors to the rear grounds for all to enjoy, plus a fully finished basement offering a guest suite with a private entrance from the front of the house as well as the interior staircase. The second floor has two very lovely one-bedroom apartments, front and rear, with wood floors, roomy layouts, and lots of sunlight. The back apartment has been completely renovated and has a balcony overlooking the rear grounds. The two apartments command $3,400 in rental income combined. We will deliver the house fully vacant. The curb appeal of this house is undeniable, boasting style and architectural integrity and is move-in ready. The front and rear yards bring a plethora of outdoors. Situated on a quiet lovely tree-lined street in a very desirable school district with more than ample street parking, in the heart of the highly sought-after neighborhood of Gravesend. Steps to a plethora of seemingly endless shopping, gyms, supermarkets, restaurants, bistros, cafes and so much more... The conveniently located D train, NYC bus, and multiple other bus lines are just steps away making Manhattan and everywhere an easy commute. The famous Coney Island Beach and Boardwalk is one stop on the D train and 5 minutes by car or an easy and fun walk or bike ride away! Floor plans to follow, meantime please call for more info. With 20% down, which is approximately $299,000, and offering 2 rentals which will easily command $3,400 monthly, at a 3 5/8% interest rate, that means it is $456 per hundred thousand that you are borrowing, and you may do better. The $3,400 rental income offsets approximately $745,614 of the mortgage, and your mortgage would be approximately $2,054 monthly and with your tax write-off at the end of the year, you will recoup a relatively significant amount of that monthly mortgage payment.
Barbara Puccia - Real Estate Broker | Barbara Puccia Realty | 718.755.1609 |
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