Property Description for 920 Glenmore Ave
920 Glenmore Avenue is the perfect investment opportunity offered at a 7.4% cap!
This 3 unit brick townhouse spans approximately 3,000 sq ft plus a full cellar. Units 1 & 2 have been gut renovated! Updates in these apartments include new floors, modern kitchens and bathrooms, new windows and mechanicals.
Units 1 & 2 will be delivered vacant. The first floor two bedroom has a private entrance, closets galore, with a projected rent roll of $2,200/month. Unit #2 is a sunny three bedroom apartment that will generate $2,500/month. The top floor three bedroom will be delivered with a tenant in place. Access to the shared backyard is through the cellar, which has plenty of room to offer storage options and provide laundry for the tenants.
Current annual taxes: $3,103/yr
Lot: 2075
Built: 20x50
Units: 3
Stories: 3 + cellar
Each apartment is separately metered. Individual hot water heaters, boilers and electric meters for each unit.
920 Glenmore Avenue is located on a beautiful block with great access to Manhattan on the A /C train which is a short walk away.
