Description
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, Ferry Terminal, Empire Outlets, and 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 100% occupancy all in excellent condition. 6 apartments were recently renovated. Effective Gross Income: $133,000 Net Operating Income: $103,000. This property offers a fantastic investment opportunity in a thriving area. Don't miss out on this well-maintained building with strong rental income.
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0BEDS
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0.06ACRES
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8BATHS
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01/2 BATHS
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2,376SQFT
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$631$/SQFT
School Ratings & Info
Description
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, Ferry Terminal, Empire Outlets, and 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 100% occupancy all in excellent condition. 6 apartments were recently renovated. Effective Gross Income: $133,000 Net Operating Income: $103,000. This property offers a fantastic investment opportunity in a thriving area. Don't miss out on this well-maintained building with strong rental income.
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