483 Hicks Street, Brooklyn, NY 11231

Excellent investment or Live/Invest Opportunity. This 4 story brick townhouse was completely gut renovated 8 years ago with all new mechanicals (separate gas boilers for each unit), electrical, facade work, roof, apartment interiors and common areas. Excellent location for rentals in the center of Cobble Hill and zoned for PS 29. Expenses are exceptionally low since tenants pay their own heat and all other utilities. The first two floors and basement are a two bedroom, two bath duplex with private yard. The upper two floors are each one bedroom floor through apartments, the top floor featuring a private roof deck accessed through the apartment. This home has been thoughtfully renovated with exposed brick walls, a large rear yard, roof deck with fantastic manhattan skyline views, renovated kitchens and baths and solid hardwood floors throughout. A perfect turn-key investment- 4.7% cap rate on conservative rent projections. Can be delivered vacant.