Property Description for 488A Chauncey Street
Fully gut renovated and upgraded 20ft Wide, 3-family brownstone with amenities, impressive finishes, natural oak wood floors and lavish ceiling heights, including functioning flowing layouts, central heating and cooling, washer/dryer hook-ups and ample closet space. A total of 8 bedrooms and 3 bathrooms makes 488A Chauncey Street a remarkable investment property with immense future potential. The parlor floor duplex includes 2 queen-sized bedrooms, 1 full bathroom, sizable finished basement with storage room plus access to a finished back yard complete with deck, planter boxes and natural wood panel fence with matching bench. Maximizing on the income possibility, apartments 2 and 3 encompass 3 bedrooms each comparable in size and 1 large full bathroom. All 3 units are accommodating with complete kitchens made of stainless steel appliances, floor to ceiling cabinetry, islands with bar stool seating and lots of open living/dining space to entertain. It is all about convenience where Bedford Stuyvesant meets Bushwick, with the luxury to choose from the J/Z & A/C trains, 4 different lines all within minutes of this remarkable 3-Family townhouse making any commute a breeze. Projected income of $96,000/year with a Cap Rate of 5.3%.