Welcome to this unique investment opportunity with this well-maintained Single Room Occupancy (SRO) property in the heart of Bedford Stuyvesant, featuring a blend of functional and appealing living spaces. This versatile building includes: One-Bedroom Apartment: Located on the ground level, this spacious apartment offers easy access, ample living space, and a private backyard, ideal for outdoor relaxation and enjoyment. Studio Apartment: Situated on the first floor, this charming studio provides a cozy and efficient living area, perfect for individuals seeking a low-maintenance residence or as a high-demand rental unit. Four Additional Rooms: The property includes four distinct rooms on the second and third floors that can be used as individual rental units or converted into additional living spaces. These rooms offer flexibility for various configurations and can accommodate a range of tenant needs. Partially Finished Basement: The basement presents additional potential with its partially finished state. This versatile area can be developed into a communal space, or utilized for storage, enhancing the property's value and appeal. In addition to its current setup, the building offers a compelling opportunity for future development. With appropriate permits, it can be converted into individual condominium units, making it an attractive option for investors looking to maximize returns through condo conversion. Whether you are an experienced investor or new to the real estate market, this property provides significant growth and return potential. Seize this opportunity to expand your investment portfolio with a versatile and lucrative asset! Contact me for more information.
