Real Estate Dreams In the heart of prime Clinton Hill is a true real estate gem that is great the buyer seeking a property with untapped income potential. 119 Waverly Avenue is a 3150 Sq Ft property defined as a 4-Unit home that exudes "prepare for amazing returns on your investment". With its amazing location and extremely low taxes--$1272 a year--it doesn't matter whether you want to live here or utilize it strictly as an investment property, your real estate dreams will come true. Over the years this home has received timely upgrades to ensure it is always move-in ready. Its standard finishes make it a blank canvas for you to come in and make it your own. If you're looking to live here with tenants, you can surely live here as-is and occupy a floor, or you can return it to its original layout as a 3-Units. At one point, the parlor and garden levels were connected to create a palatial 4-Bed, 2-Bath duplex; simply adding a staircase will restore its former glory. You can truly live your best life here. Currently, the garden apartment is a 1-Bed, 1-Bath with tons of storage, a spacious living room, and an equally large open kitchen with ample dining. The parlor floor is a 2-Bed, 1-Bath unit with a versatile layout that allows its occupant to decide where they want to put their living room. The second and third floors are 3-Bed, 2-Bath units with generously proportioned rooms and great storage--there is also versatility in how they can be utilized which has been historically appealing for renters here. Whatever a renter desires, they have the space to do it here, and you'll have the advantage to command competitive rents. Each floor's electric and mechanicals have been upgraded, so they're separately metered which keeps owner expenses low. When this home's amazing price, low taxes, dynamic square footage, great location, and moderate expenses are considered, you'll understand why it's a top-notch investment. 119 Waverly Avenue resides in one of Brooklyn's most desired neighborhoods--Clinton Hill--so finding renters will never be an issue. Its rich history and current happenings have summoned residents from all over the world. Great restaurants, chic shops, and strategic local amenities ensure it is a place worth coming home to. Nearby you'll find the iconic Fort Greene Park, Barclay's Arena, City Point Mall, the Brooklyn Academy of Music, and so much more. And you're just two blocks from the Navy Yard, less than 10 minutes from Dumbo, and less than twenty minutes from Manhattan. This location is everything. If you were looking for a dream home with limitless potential, look no further. Find Your Sweet Spot.
Off market
Zestimate®
$3,503,400
119 Waverly Ave, Brooklyn, NY 11205
10beds
3,150sqft
MultiFamily
Built in 1899
-- sqft lot
$3,503,400 Zestimate®
$1,112/sqft
$5,846 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Dishwasher
Interior area
- Total interior livable area: 3,150 sqft
Property
Lot
- Size: 1,875 sqft
Details
- Parcel number: 018890012
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1899
Community & neighborhood
Location
- Region: Brooklyn