Property Description

EXCEPTIONAL BROOKLYN INVESTMENT OPPORTUNITY | FULLY LEASED | 10% CAP RATE | 4% SELLER FINANCING OPPORTUNITY!An extraordinary opportunity to acquire a distinctive, income-producing multifamily property in the heart of Flatbush, Brooklyn! Welcome to 2701 Glenwood Road, an impressive property offering the rare combination of architectural character, established rental income, and compelling investment potential.Offered at $2,250,000 with a remarkable advertised potential 10% capitalization rate, this fully leased investment presents an attractive opportunity for investors seeking immediate rental income without the uncertainty of filling vacant units.Showcasing timeless architectural charm, an elegant exterior, and a commanding presence, this property stands apart from the ordinary. Its distinctive design and established Brooklyn location make it an appealing addition to a long-term real estate investment portfolio.THE OPPORTUNITY GETS EVEN BETTER - SELLER FINANCING AVAILABLE! Qualified purchasers may have the opportunity to benefit from seller financing with an advertised 4% assumed interest rate, subject to approval and negotiated terms. Inquire about the available assumable financing structure and discover how this opportunity may enhance your acquisition strategy.Conveniently located near Brooklyn College and approximately 0.2 miles from the Flatbush Avenue-Brooklyn College 2 and 5 subway station, this location offers convenient access to transportation, shopping, dining, and neighborhood amenities.A REMARKABLE COMBINATION OF CASH FLOW, CHARACTER, LOCATION, AND FINANCING!Ideal for investors seeking an established income-producing asset, portfolio expansion, or a potential 1031 exchange acquisition. With its distinctive castle-inspired architecture, 15-room 7 bathroom configuration, 2 bay garage with flexible space above, and existing rental income, this property offers a compelling combination of current performance and future possibilities.Opportunities combining these investment features merit serious consideration. Make an inquiry to request the rent roll, financial information, financing details, and a private showing. Serious inquiries welcome!

Property Features

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