1. New York
2. Staten Island
3. 16-18 Butler Terrace

16-18 Butler Terrace, Staten Island, NY 10301

• 10 beds |
• 6 baths |
• 4,224 sqft

Property Description

Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue. Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 149,000+ with a Net Operating Income (NOI) exceeding 120,000 annually, this property promises strong cash flow and a solid return on investment.

Listing Status:

Active

Listing Office:

American Homes Group : 718-981-3400

MLS ID:

863445

Interior

• General: Eat-in Kitchen
• Basement: Full
• A/C: Wall/Window Unit(s)
• Heating: Hot WaterNatural Gas

Exterior

Location

Lot

Utilities

Financial

This listing courtesy of American Homes Group