Welcome to 1442 Bushwick Ave & 668 Chauncey- a unique investment opportunity located in the heart of Bushwick, Brooklyn. This package sale consists of two properties on the same tax lot, totaling $2.5M. IT CAN NOT BE SOLD SEPARATELY. -1442 Bushwick Avenue is a 3-level home built in 1899, 16'x34', sitting on its lot of 16x70'4". This property offers an excellent opportunity to either have a charming single-family home, convert it into an owner's duplex and generate income, or convert it into three rental units. - 668 Chauncey St is a 3-story property sitting on a large 18'x100' with a large ground floor 1BR which could be converted into a duplex with a finished basement. The two remaining units in the building include large three-bedroom apartmentskitchen and bathroom on each floor. There are six free-market residential units with three units in each property. It is 100% occupied with tenants paying below market value. This package is an excellent acquisition for an investor looking to add long-term value.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
