BONUS: This property is in a location that makes it eligible for an amazing program from First Republic Bank that allows anyone buying it as their primary residence with 25% down to lock in a mortgage rate at least 2% below the national average with $4,000 closing cost assistance … You’re well past the flowery prose crafted to enchant you about a property that fills you with the desire to own it. You just want to know what (if any) benefits there are in the opportunities you have to choose from. Let’s cut to chase. 1448 Bushwick Ave is a 3 story, 2 family townhouse being used as a 3 unit dwelling. The owners have made significant improvements to heating, plumbing, electricity and accommodations and currently have 2 units vacant with an occupant on the parlor floor. (BONUS: Building has a lower carbon footprint than majority of townhouses in Brooklyn since they’ve converted cooking from gas to electric power in each unit). With 2 vacant units ready to lease upon purchase, 1448 Bushwick Ave is an ideal rental play in a tight market for a first time home buyer or investor looking for an opportunity close to subway transportation. And this location never lacks for renter interest. Check out the floor plan and photos, and setup an appointment to evaluate the opportunity in person.
