1306 8th Avenue

Investor, 1031 Exchange or Owner Occupant with Income - 1306 8th Avenue is a gem. A three-family building located among a row of classic Park Slope brick townhouses. Newly offered for sale with 3 well maintained - floor through apartments - one is a duplex with outdoor space. The building has an appealing and ongoing rent roll. With its proximity to Prospect Park, there will never be a shortage of rental interest. Future Park Slope residents will continue to be attracted to the strong community advocacy dedicated to expanding the historic district, supporting small businesses and the continuation of community building activities. Although turn-key, there is still room for adding value to the building. All three apartments have original hardwood floors, tin ceilings and plenty of sunlight. They have undergone 2018 kitchen upgrades with stainless steel appliances including dishwashers, updated bathrooms, and in-unit washer/dryers. The Garden level is a 2 bedroom, 1.5 bath duplex apartment and retains classic and original details. The low expenses and strong rent roll positions 1306 8th Avenue as an ideal opportunity for a 1031 Exchange buyer or investor looking in this coveted section of Park Slope, Brooklyn. The current owners anticipated all future needs and were proactive in building maintenance. This was all in an effort to ensure a seamless turn-key experience for the next savvy owner. Please inquire for pro-forma, additional property details and rent roll, etc.