59 Devoe Street

Located on a serene, tree-lined Williamsburg street, this thoroughly gut-renovated three-family townhouse impresses with all-new finishes and exceptional quality, making it a perfect option for end users and investors alike. For end users, this is an ideal move-in ready opportunity to enjoy virtually free housing while occupying one unit and renting the others. Enjoy room to grow or create a multigenerational compound by connecting two units, if desired. New materials, appliances and mechanicals keep repair, maintenance and renovation expenses at bay. For investors, this turnkey property offers high returns with an exceptional 5.6% cap rate. Enjoy high demand for the spacious, well-appointed units in a neighborhood known for stable, long-term tenants. Begin collecting substantial rents immediately while incurring very low maintenance costs in this like-new, care-free townhouse. Each unit of the three-family impresses with spectacular natural light thanks to windows on three exposures — a townhouse rarity. The homes feature wide-plank hardwood floors, excellent ceiling heights, mini-split HVAC units and in-unit washer-dryers. Kitchens include stainless steel appliances and abundant custom wood cabinetry, and two units offer private outdoor space. Unit 1 is a two-bedroom, two-bathroom garden apartment with a private entrance, large living and dining areas, a primary bedroom with an en suite bathroom, a bright secondary bedroom, and a guest bathroom. This home opens to a large, paved yard surrounded by privacy fencing and trees — the perfect setting for summer barbecues. Unit 2 is a split two-bedroom, two-bathroom home featuring a spacious living/dining area that opens to a private balcony. Large bedrooms front and back enjoy adjacent full bathrooms. Unit 3 is a three-bedroom, two-bathroom with incredibly sunny treetop views throughout. The living/dining area flows to the lovely open kitchen. Three bedrooms are situated close to two full bathrooms. Known as the "West Village of Williamsburg," this wonderful neighborhood is a peaceful residential enclave filled with lovely trees and townhouses. Residents enjoy immediate access to fantastic shopping, dining and nightlife, with local parks and playgrounds within easy reach. The Lorimer L subway station is 300 feet away and connects to the G train at Metropolitan Avenue, putting the rest of the city minutes away. The property can be delivered vacant. A complete setup sheet is available upon request .