Prime Location! 8 unit legal SRO Real Estate Opportunity in Saint George! Great value can be found in this asset located in the St. George neighborhood of Staten Island. This 8 unit SRO building is situated just a short distance from the Staten Island Ferry, St. George, Empire Outlets, and… Read More downtown eateries and pubs. Convenience is key and this property delivers. Property Highlights: 8 bedrooms, Unit Breakdown: (2) one-bedroom apartments and (6) studios, with full occupancy all in excellent condition. 6 apartments were recently renovated. Effective Gross Income: 150,000+ Net Operating Income: 130,000+ This property offers a fantastic investment opportunity in a thriving area. Don't miss out on this well-maintained building with strong rental income. Read Less
Courtesy of American Homes Group.
Listing Snapshot
Days Online
269
Last Updated
Property Type
Single Family
Square Ft.
2,376
Lot Size
0.06 Acres
Year Built
1899
MLS Number
2404866
30 Days Snapshot Of 10301
$751k
+1%
(avg) sold price
11
-35%
homes sold
195
+25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1899, Building area total: 2,376, 4 total stories
Expenses
Operating expense: $22,965
Heating
"Hot Water", "Natural Gas"
Income
Gross income: $157,104, Net operating income: $134,138
Lot
0.06 acres, 2,552 square feet, Area: 2,552
Property
Zoning: R3A
Sewer
"City"
Taxes
Tax annual amount: $4,328
Utilities
Electric: "220 Volts"
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