1708 East 54th Street

Nestled on a charming residential block, this brick 3-family home in prime Old Mill Basin offers an exceptional investment opportunity, priced under market value for a quick sale. The property features a diverse layout: a one-bedroom unit and a two-bedroom unit on the first floor, a spacious four-bedroom apartment on the second floor complete with a front patio and rear yard access, and a semi-finished basement ideal for storage, a recreation room, or a home office with a convenient half bath and separate entrance. This well-maintained building spans 20' x 58' on a 20' x 100' lot and is fully tenant-occupied, ensuring immediate rental income. Perfect for a 1031 Exchange! With its appealing mix of unit sizes and excellent access to transportation, this property promises both comfort and convenience for its residents and a lucrative opportunity for discerning buyers.