2082 Valentine Ave

7.5% Cap Rate Gut Renovated 3-Unit Free Market Building Located 1 Block from the Express B and D Train with attached parking! The building has all new plumbing, electric, roof and boilers. All rent payments are up to date and consistently on time. All 3 units have been fully renovated, have laundry and tenants pay for heat and hot water. There is a 30 year tax abatement in place that began in 2008. The unit breakdown is as follows: Unit 1: 2BD / 1 BA (vacant (can be duplexed into basement) prior rent $2,100) Unit 2: 3BD / 2 BA (leased for $2,300) Unit 3: 3BD / 2 BA (leased for $2,285) Annual Expenses: Property Tax $2,857.18 Utilities $5,604 Rent Roll: $79,020 NOI: $68,096