461 Milford St #TOWNHOUSE, Brooklyn, NY 11208

Presenting an exceptional opportunity to acquire a turnkey investment or a primary residence with an income-generating rental in the thriving East New York neighborhood. This semi-detached, legally zoned two-family home was completely rebuilt in 2019, showcasing intelligent layouts and high-quality finishes throughout. The second-floor unit is a bright and airy 3-bedroom, 2-bathroom apartment featuring hardwood floors, high ceilings, excellent recessed lighting, a skylight, and a fully equipped kitchen. It is currently occupied by a reliable tenant on a month-to-month lease. The first-floor apartment offers a spacious 3-bedroom, 2-bathroom layout with a generous living room, high ceilings, hardwood floors throughout, recessed lighting, and a fully equipped kitchen. Enjoy access to a large finished basement as well as a sizable 30 x 22-foot private backyard. The finished basement includes a windowed bathroom with a tile stall shower and direct access to the backyard, making it an ideal space for recreation, a home gym, or a home office. Each unit has separate boilers and water heaters, allowing for independent heating expenses. 461 Milford Street is situated on a charming residential tree-lined street and provides convenient access to public transportation, including the A train at Euclid Avenue and the 2, 3, and 4 trains at New Lots Avenue. With both apartments yielding a 7% CAP rate, this property represents a solid turnkey investment. One of the apartments can be delivered vacant, offering the owner the flexibility to occupy it while receiving market rent from the other unit, covering approximately 80 percent of your monthly mortgage payments.