Property Description for 54 Lott Street
Situated on a quiet Brooklyn block, this 3-family home is configured as a 3-bedroom/3-bathroom Garden Duplex with two identical 3-bedroom/2-bathroom floor-through units on the second and third floors. 54 Lott Street is an opportunity to live spaciously while simultaneously earning a stable rental income.
Enter the parlor floor where you are welcomed by a spacious living/dining room highlighted by wide-plank hardwood floors and an abundance of light. The bright, airy open floor plan creates a perfect space for entertaining guests while maintaining the warm, cozy atmosphere for time alone. The open kitchen boasts granite countertops and center island with enough room for even the most discerning chef. Oak cabinets and stainless-steel appliances continue the theme of contemporary design.
Unrivaled space continues in the bedrooms with direct access to the expansive backyard garden area, perfect for that special cook out with friends and family. When you are done entertaining outside, bring the party indoors into the grand recreation room. Off the recreation area is an extra-large master bedroom with its own en-suite bathroom and walk-in closet outfitted with custom California Closet-inspired built-ins.
Above the owner-occupied Garden Duplex, you have two units identical to the parlor floor. They feature an open concept kitchen, living/dining and master bedroom with en-suite bathroom. Additional features of note include hardwood floors, deep closets and recessed lighting throughout.
This residence is a perfect choice for a savvy homeowner/investor looking to acquire a newer 2014 building in the booming Flatbush area, close to amenities and public transportation. Selling as-is with occupying tenants providing active rental income. The home is well-maintained and comes with solid reliable tenants paying $2,000/month, leases ending mid-2019.
Buy-side Brokers welcome. Financing examples, lease information and recent rental comps are available upon request.