38 Arthur Avenue Staten Island, NY 10305
Listing by: STATEN ISLAND / Better Homes And Gardens Real Estate Safari Realty / Cindy Cheung
$999,000
5
BED
6
BATH
1,680
SQFT

  38 Arthur Avenue Staten Island, NY 10305

Active

Description

The property is being sold AS-IS, presenting an excellent chance to invest at a compelling value. Perfect for a 1031 exchange or a fantastic addition to an investment portfolio. Contact us today to schedule a viewing and discuss the possibilities this property holds. Don't wait, as opportunities like this don't last long! Make a Strategic move by taking advantage of a low mortgage rate 3,375% for next 4+ Yrs. through potential mortgage assignment.We proudly introduce a rare opportunity to own a well-maintained 3-family house with 3 garages, located in the heart of Arrochar, Staten Island. The property is located near schools, shopping centers, and transportation and just 5 minutes away from the Verrazzano Bridge, making it highly convenient and desirable for potential tenants. This fully rented property with dependable long-term tenants consists of one 1-bedroom and two 2-bedroom units, all with full bathrooms, and 3 detached garages. Additionally, there are 3 separate heating systems, 3 hot water heaters, 3 gas meters and 4 electric meters, ensuring convenience and efficiency for all residents. The investment generates extremely attractive returns with steady rental income of $6,300 / month and low monthly expenses. It has tremendous upside potential as current leases are all under market value.

MLS #:
1163421
Taxes
$4,800
Lot Size
4,054 SQFT
Type
Multifamily
Year Built
1920
County
Richmond County
Community
Arrochar
Bathroom Details
  • Full Bathrooms: 3
  • 3/4 Bathrooms: 3
Heating and Cooling
  • Gas
  • Hot Water
  • Units
Basement Information
  • Other
Exterior Features
  • Stone
Utility Information
  • Sewer: City
Parking
  • Carport
Stories
  • 3.0
Location
   
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Disclaimer: Copyright 2023 Staten Island Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/2/23 06:30