Monday, March 9, 2009

8 family, maybe sold as owner financed sale. All 3 bedrooms (Brooklyn) $795000 8bd

You can drive by any time and see house. You absolutely do not need any appointment with me.

Just don't say to tenants that you want to buy - they don't like the idea of

being sold as furniture together with house.

Just say you from construction company and just want to see apt for

estimate renovations

Sale by owner ! Tax shelter and cash cow in the same time !

Why you pay mortgage when you can make tenants do that for you -because it is not 1-2 family! Only in multifamily 8 units where all apt are 3 bedrooms you can really grow and grow cash cow which over cover mortgage!

TODAY THIS 8 FAMILY BRICK HOUSE IS AN EXCELLENT INVESTMENT IN UPCOMING AREA OF BROOKLYN , THE HOUSE FEATURES 8 3 BEDROOMS APARTAMENTS , LARGE BACK YARD, HUGE BASEMENT. STRATIGICALY CLOSE TO ALL TRAINS AND SHOPING AREAS, 20-25 MINUTS TO MANHATTAN .MOST APARTAMENTS ARE RENOVATED, IF YOU HAVE DIFICULTIES TO GET MORTGAGE IT CAN BE SOLD LIKE “OWNER FINANCED” OR IN “STRUCTURAL SALE”. CONTACT OWNER ONLY BY EMAIL : pacificinc8@gmail.com

1444.Pacific street, Brooklyn. NY 11216

“C” train , Kingston/Troop subway stop ! House is between Brooklyn AV and Kingston AV .

Rents according DHCR :

1 apt is 850 $,

1 apt is 885 $ ,

1 apt is 940.50 $ ,

1 apt is 748 $,

1 apt is 469 $ ,

1 apt is 517 $,

and 2 apt vacant or free market price (prospective 1326$ - 1500$).

Projected yearly income 84738 $ (with total occupancy).

Expense :

Heating gas ~10000$

Electricity ~900$

Taxis ~3250$

Water ~1200$

Renovations ~5000$

Address of the property 1444 Pacific St Zip 11216 Borough Brooklyn

Block 01209 lot 0033

Building SF 6,328 Residential SF 6,328 Lot SF 2,675

Building dimensions 25 ft x 70 ft Lot dimensions 25 ft x 107 ft

Again .You can drive by any time and see house. You absolutely do not need any appointment with me.

Just don't say to tenants that you want to buy - they don't like the idea of

being sold as furniture together with house.

Just say you from construction company and just want to see apt for

estimate renovations.

I am the owner , its sale by owner .

Cash buyers is good, but if you need low rate mortgage or 1031 exchange I can refer you to a very good mortgage broker Igori Noble 1 516 5677076 who can help you to save a lot of money and become homeowner for just 20-30% of the price.

CONTACT OWNER ONLY BY EMAIL : pacificinc8@gmail.com

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