63-65 Titus Ave

This investment opportunity consists of 2 twin brick 4 family residential buildings. There are two separate blocks and lots, which can be owned separately. The buildings were just renovated converting commercial basement space to residential creating 4 1st-floor duplex apartments. All of the 1st-floor apartments were totally renovated last year, as well as 2 new furnaces and hot water boilers installed. Each building has (2) 7 room, 3 bedroom apartments with 2 full baths, and (2) 4 room 2 bedroom apartments with 1 bath and attic storage. All 8 tenants pay their own utilities with the exception of water and each apartment has 1 parking spot in an off-street parking lot behind the buildings. These buildings are located in an A grade neighborhood in Staten Island, N.Y. This area is one of the most recognized neighborhoods for its convenience in transportation, shopping, and restaurants… The buildings are walking distance to all, including Gateway National park, 2 block walk to Hylan Blvd w/Manhattan x-buses, local buses & the new Boulevard Commercial Corridor “New York City’s wealthiest outer borough, Planned projects… expected to add 14,000 jobs to the area over the next 5 years” https://www.kimcorealty.com/brochures/the-boulevard-brochure/1005/view It is only minutes to the VNB & SIU Hospital. The area has approximately 862 businesses, 13,667 employees. As of 2017, the median household income in Community District 2 was $81,487

Gain the financing benefit of a residential low-interest rate and financial advantage without rent stabilization and high income. Conveniently located in an area with a high demand for rental space, this 8 family complex rental has no vacancy and elevating rents.