$2,450,000

7 Bedrooms Fourplex

  • 7 Beds
  • 4 Baths
  • Updated: July 21
  • 4
    Views for last 30 days
  • 1
  • MLS#1023847

About the Property

Welcome to a fantastic, income-generating multi-family property in the heart of highly sought-after Kensington, Brooklyn! This solid brick four-family home offers the ultimate flexibility: keep it as a fully cash-flowing addition to your portfolio, or move into the vacant unit and let the other tenants pay your mortgage.
The Residences
Unit #1 (Front - 2 BR / 1 BA | 940 Sq. Ft.): DELIVERED
Welcome to a fantastic, income-generating multi-family property in the heart of highly sought-after Kensington, Brooklyn! This solid brick four-family home offers the ultimate flexibility: keep it as a fully cash-flowing addition to your portfolio, or move into the vacant unit and let the other tenants pay your mortgage.
The Residences
Unit #1 (Front - 2 BR / 1 BA | 940 Sq. Ft.): DELIVERED VACANT! Perfect for an owner-occupant or a high-rent lease. Freshly updated and painted.
Unit #2 (Rear - 1 BR / 1 BA | 620 Sq. Ft.): Cozy layout with wood flooring, currently occupied.
Unit #3 (Front - 2 BR / 1 BA | 780 Sq. Ft.): Jan 2025 Updated kitchen & full bath, wood flooring.
Unit #4 (Rear - 2 BR / 1 BA | 780 Sq. Ft.): Updated kitchen & full bath, wood flooring, new lighting, new electric panel and spray foam insulation.
Key Capital Improvements: Brand New Roof (2024): Newly installed on both the main house and the detached garages, Exterior brick repointed, Fresh Paint: Freshly painted brick exterior on north side of the house, New hot 75 gallon hot water heater (2026). Passive Income: includes a detached 3-bay garage structure. Currently rented to a long-term tenant. Can be delivered vacant. Massive Basement features a large storage area and a separate utility/mechanical area—perfect for tenant storage or property management use.
Situated on a quiet residential block in Kensington, you are just moments away from local cafes, diverse dining, shopping, and excellent transit options (F & G trains) for a quick, seamless commute into Manhattan or other parts of Brooklyn.
An incredible asset with massive appreciation potential, and major capital improvements already complete. Schedule your tour today!
  • Property type

    House

  • Year built

    1930

Features

  • Terrace
  • Garage
  • Gas Stovetop
  • Investment Property
  • Parking
  • Basement
  • Air Conditioning
  • Stone Countertops

Explore the Area

618 E 2nd Street, Brooklyn, NY 11218, New York, New York, United States View on Google Maps
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Barbara Mullaney

Joined 4 years ago
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Barbara Mullaney
New York, United States
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3
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2025
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Coldwell Banker American Homes - Long Beach
Coldwell Banker American Homes - Long Beach
284 W. Park Avenue, 11561, Long Beach, New York, United States
View agency profile
Last updated
July 21
First listed
Jul 21
Listing reference
273yq3
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