Excellent Investment Opportunity - This semi-attached two-family home is positioned as an ideal income generator for discerning investors. Boasting dual rental income streams, it promises immediate cash flow in a high-demand locale. One apartment is currently vacant, allowing for a quick lease at market rates, while the other is occupied at an under-market rent, offering clear upside. With local voucher programs paying 3,000+ per month for 2-bedroom apartments, the potential rent roll could realistically double.
Strategically located in a neighborhood with strong rental demand and steady appreciation. A large side yard provides additional value-add potential for a third stream of income. Interior pictures to follow shortly. Property being sold As is.
For sale
Price cut: $20K (9/15)
$580,000
1418 Castleton Ave, Staten Island, NY 10302
4beds
1,992sqft
Multi Family
Built in 1925
-- sqft lot
$580,200 Zestimate®
$291/sqft
$-- HOA
What's special
Large side yard
- 52 days |
- 713 |
- 22 |
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