Description
Fully Renovated Property for Sale 850 Clarkson Ave This turnkey, property is an exceptional investment opportunity, delivered fully occupied for immediate cash flow. Residential Units Total of four modern apartments: (2) four-bedroom units (2) two-bedroom units Each unit equipped with its own dedicated boiler for independent heating All residential tenants guaranteed by the Section 8 program, ensuring stable, government-backed rental income Separate utilities for commercial tenants Investment Highlights Projected NOI: $257,000 Owner pays only for water and common area electricity Updated systems throughout: plumbing, electrical, and heating High rental demand in a rapidly developing neighborhood Strong Future Growth Potential The property is located near major developments that will add over 1,000 new residential units within a 2-mile radius by 2026: 329 Clarkson Ave (Clarkson Estates): 328 units under development Learn more 564 Utica Ave (Utica Crescent): 325 units planned Learn more These projects are expected to further boost local demand and long-term value.
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0BEDS
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0.06ACRES
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7BATHS
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01/2 BATHS
Description
Fully Renovated Property for Sale 850 Clarkson Ave This turnkey, property is an exceptional investment opportunity, delivered fully occupied for immediate cash flow. Residential Units Total of four modern apartments: (2) four-bedroom units (2) two-bedroom units Each unit equipped with its own dedicated boiler for independent heating All residential tenants guaranteed by the Section 8 program, ensuring stable, government-backed rental income Separate utilities for commercial tenants Investment Highlights Projected NOI: $257,000 Owner pays only for water and common area electricity Updated systems throughout: plumbing, electrical, and heating High rental demand in a rapidly developing neighborhood Strong Future Growth Potential The property is located near major developments that will add over 1,000 new residential units within a 2-mile radius by 2026: 329 Clarkson Ave (Clarkson Estates): 328 units under development Learn more 564 Utica Ave (Utica Crescent): 325 units planned Learn more These projects are expected to further boost local demand and long-term value.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated: 2025-11-15T16:19:25.053.